3 Russian Billionaires Resign From Board of $22 Billion Investment Firm
Share
Three Russian billionaires have resigned from the board of a $22 billion investment firm amid their country’s ongoing invasion of Ukraine.
It comes after London-based LetterOne froze out Mikhail Fridman and Petr Aven, who are subject to Western sanctions, blocking access to their buildings last week and forbidding them to talk to employees.
LetterOne is set to donate $150 million to help people affected by the war in Ukraine, and shareholders have agreed that all dividends will go toward relief efforts, a company statement said.
Read more at Insider
RELATED TOPICS:
Trump Temporarily Halts Leasing and Permitting for Wind Energy Projects
Energy /
16 hours ago
Fresno Man Who Dealt Deadly Fentanyl Pill Gets 80-Month Prison Term
Courts /
16 hours ago
What’s Next for EVs as Trump Moves to Revoke Biden-Era Incentives?
Tech /
17 hours ago
Visalia Police Find Man Shot Near Shopping Center. Tips Sought.
Crime /
17 hours ago
Convicted Jan. 6 Rioter Benjamin Martin Still Going to Prison
Crime /
17 hours ago
Is Lawsuit on Planned Reedley Job Center a ‘Shakedown’?
Economy /
18 hours ago
CA Sued the Tar Out of Trump the First Time Around. How Did It Do?
Courts /
20 hours ago
Trump Administration Directs All Federal Diversity, Equity and Inclusion Staff Be Put on Leave
WASHINGTON — President Donald Trump’s administration is directing that all federal diversity, equity and inclusion staff be put on pai...
Politics /
13 hours ago
Categories
Latest
Videos
Politics /
13 hours ago
Trump Administration Directs All Federal Diversity, Equity and Inclusion Staff Be Put on Leave
Sports /
16 hours ago
Baseball’s Newest Hall of Famers: Suzuki, Sabathia, Wagner
Weather /
16 hours ago
‘Once in a Lifetime’ Snow Hits Parts of the US South
Energy /
16 hours ago
Trump Temporarily Halts Leasing and Permitting for Wind Energy Projects
Courts /
16 hours ago
Fresno Man Who Dealt Deadly Fentanyl Pill Gets 80-Month Prison Term
Tech /
17 hours ago
What’s Next for EVs as Trump Moves to Revoke Biden-Era Incentives?
Crime /
17 hours ago