MOSCOW: Russian prosecutors asked a Moscow court to seize the assets of US private equity fund NCH Capital in Russia, accusing the fund’s owners of financing Ukraine’s military forces, Kommersant daily said on Wednesday, citing the court’s documents.
NCH Capital did not reply to a request for comment.
Prosecutors filed a lawsuit on December 9 against the company NCH Capital as well as against its founders George Rohr, a US citizen, and Moris Tabacinic, an Austrian citizen.
Rohr and Tabacinic founded NCH in 1993.
AgroTerra, one of Russia’s top-20 agricultural landholders, owned by NCH Capital, was placed under temporary state management by a decree from Russian President Vladimir Putin in April 2024.
Kommersant said AgroTerra’s assets in seven regions in central Russia were valued in the lawsuit at 73 billion roubles ($937.10 million). NCH Capital also holds agricultural assets in Ukraine, ranking as the country’s fifth largest landowner.
Russian prosecutors ask court to seize assets of US fund NCH Capital, Kommersant says
https://arab.news/8beb2
Russian prosecutors ask court to seize assets of US fund NCH Capital, Kommersant says
- Prosecutors filed a lawsuit on December 9 against the company NCH Capital
- AgroTerra owned by NCH Capital, was placed under temporary state management
France to open consulate in Greenland in February
- The comments came on the day that Denmark’s top diplomat is to meet senior US officials at the White House for talks over Greenland
PARIS: France will open a consulate in Greenland on February 6, the foreign minister said Wednesday, calling the move a “political signal” over the strategic Danish territory, which US President Donald Trump has vowed to seize.
The comments came on the day that Denmark’s top diplomat is to meet senior US officials at the White House for talks over the future of vast, mineral-rich Arctic island.
Since returning to office nearly a year ago, Trump has repeatedly mused about taking over Greenland from longtime ally and European Union member Denmark.
French Foreign Minister Jean-Noel Barrot told French RTL broadcaster that the decision to open the consulate was taken last summer, when President Emmanuel Macron visited Greenland in a show of support.
“For my part, I went there at the end of August to plan the consulate, which will open on February 6,” he said.
“It’s a political signal that’s associated with a desire to be more present in Greenland, including in the scientific field.”
“Greenland does not want to be owned, governed... or integrated into the United States. Greenland has made the choice of Denmark, NATO, (European) Union,” he said.
Greenland’s leader has said that the island would choose to remain an autonomous territory of Denmark over the United States.
Trump has said the United States needs Greenland due to the threat of a takeover by Russia or China.
The two rival powers have both stepped up activity in the Arctic, where ice is melting due to climate change, but neither claims Greenland, where the United States has long had a military base.
