Leaked documents show Roman Abramovich had secret partnership with Kremlin in major forestry company

following Russia’s invasion of Ukraine in February. The US has not sanctioned Abramovich but has recently stepped up its hunt for his assets.

“He has denied it, but because his holdings, including land and forestry concessions, were also or mainly in Russia, it makes sense that he would be a partner,” Henry added. “Russia’s economy is deeply political and the Kremlin controls everything of importance.” The RCIF has declared in public documents that it is 45% owned by the Russia Direct Investment Fund , Russia’s sovereign wealth fund, with another 40% being owned by the Chinese government, and 15% by a Chinese investment management company, Citic Capital. However, a 2013 confidential agreement obtained by OCCRP indicates that RDIF controlled 60% of RCIF at that time.

Still, the fund’s corporate structure has allowed it to avoid being sanctioned by the US, EU, and UK, which all require that more than half of a company be owned by Russia to qualify. One letter from Meritservus confirms that Abramovich is the ultimate beneficial owner of Protonius while detailing the complex corporate structure that obscured his connection to the firm.

Imagine individual UK and USA businessmen were banned and sanctioned when USA invaded Iraq and Libya.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Germany cuts Russian share in gas use by more than half in 2022 | BusinessGermany slashed its consumption of Russian gas this year amid lower flows and a drive to diversify supplies after the war in Ukraine. The share of Russian gas consumed in Europe’s biggest economy dropped to about 20% this year from 55% in 2021. They are buying more South African coal but Ramaphosa wants to close coal plants How much did their prices increase?
ソース: News24 - 🏆 4. / 80 続きを読む »

Ex-Russian president makes surprise trip to Beijing as Zelensky arrives in Washington | Business InsiderZelensky is due to address Congress on Wednesday. Dmitry Medvedev met with Xi Jinping earlier in the day. BISouthAfrica Looks like a penalty shootout.. but the only way to win is to cooperate to fix our world's big problems... Stop the wars, turn the global warming towards stability, food security, full employment, restore biodiversity, sustainability and respectful equality towards Peace!
ソース: BISouthAfrica - 🏆 34. / 51 続きを読む »