Russian mercenary leader Yevgeny Prigozhin's oil, gas, gold and diamond businesses generated $250 million in revenue despite sanctions, report says
The quarter of a billion dollars in revenue was generated in the four years before Russia invaded Ukraine, coming from Prigozhin's gas, diamond, gold and oil operations in Africa and the Middle East. The sales figure excludes his domestic Russian catering and real estate businesses.
The report cites how Evro Polis, a Prigozhin operation that received energy concessions granted by Syria, was sanctioned in 2018 and still turned a $134 million in revenue two years later. That's equivalent to an equity return of 180%. Some of Prigozhin's companies would shift their operations into something different when threatened by sanctions. Mercury LLC, a Syrian oil and gas firm, made $67 million before being sanctioned by the EU, according to the FT.
Other examples include M Invest, a sanctioned Prigozhin company that made $2.6 million in 2021 sales from gold mining in Sudan. And two other of his companies generated $6 million in revenue that same year.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Wagner's Prigozhin accuses Russian top brass of 'treason'Yevgeny Prigozhin, founder of the Wagner group, on Tuesday accused the Russian defence minister and the chief of the general staff of depriving his fighters of munitions and trying to destroy Wagner - actions he said were equivalent to treason.
Baca lebih lajut »
Prigozhin accuses Putin of trying to 'destroy' Wagner Group'This can be equated to high treason,' Prigozhin said in a published audio clip.
Baca lebih lajut »
Key player in Putin's Ukraine war notably absent from speechYevgeny Prigozhin, the leader of the mercenary Wagner Group, recently said that some Russian officials were trying to 'destroy' the mercenary group.
Baca lebih lajut »
Furious Mercenary Boss Prigozhin Accuses Russian Military of TreasonWagner Group founder Yevgeny Prigozhin straight-up accused the Russian military of “betraying the motherland” with a nefarious plot to “destroy” the mercenary collective.
Baca lebih lajut »
Russian mercenary boss Prigozhin accuses top army brass of 'treason'Outspoken Russian mercenary chief Yevgeny Prigozhin accused the country's top brass on Tuesday of deliberately starving his Wagner fighters of munitions in what he said was a treasonous attempt to destroy his private military company.
Baca lebih lajut »
Wagner Group likely 'cut off' from Russian artillery supply: ISWYevgeny Prigozhin, founder of the private mercenary group, claimed on Monday that his troops are facing 'complete shell hunger.'
Baca lebih lajut »