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Yeltsin fires wealthy adviser

President Boris Yeltsin on Wednesday fired Boris Berezovsky, a business magnate who was deputy secretary of the Security Council, in the latest fallout from the struggle between Yeltsin's young reformers and a group of rich tycoons.

Berezovsky, 51, built an auto, media, aviation and oil empire starting in the last days of the Soviet Union.

First Deputy Prime Minister Boris Nemtsov, a reformer who had accused Berezovsky of working on behalf of his businesses while serving in government, said the ouster marked "an important step on the way to abandoning oligarchic capitalism in Russia." Berezovsky replied that charges of conflict of interest "hold no water."

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