Russian prosecutors ask court to seize assets of US fund NCH Capital, Kommersant says

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.