Connect with us

Latest

US Billionaire Industrialist Koch Keeps Doing Business With Putin

Published

on

Charles Koch Russia
Billionaire Charles Koch's three businesses in Russia continue to operate. (GV Wire Composite/Paul Marshall)
Share with friends

 

At least 375 international corporations have suspended operations in Russia since the country invaded Ukraine on Feb. 24.

But there is a prominent American holdout: Koch Industries, which is owned and operated by American billionaire Charles Koch.

Koch Industries has three Russian subsidiaries and they remain in operation there, Newsweek reports. The businesses are Molex, Guardian Industries, and Koch Engineering Solutions.

Is Koch Buying Think Tank’s Opinions?

In addition, Koch’s donations to the Atlantic Council, a prominent Washington, D.C. think tank, came into the spotlight after two senior experts there argued the U.S. should not focus on human rights in its dealings with Russia.

Almost two dozen employees and fellows at the Atlantic Council issued a statement slamming colleagues Emma Ashford and Mathew Burrows for writing what they viewed as a pro-Russia article on the think tank’s website, Politico reported.

Three former U.S. ambassadors —John E. Herbst, Alexander “Sandy” Vershbow, and Daniel Frieds — were among those who signed the statement.

“We the undersigned disagree with its arguments and values and we disassociate ourselves from the report,” the statement read in part.

Koch gave $4.5 million over five years to the Atlantic Council. The think tank’s CEO said in an interview with Politico that the Atlantic Council is intellectually independent of its donors.

Poll: Americans Strongly Support Cutting Russian Business Ties

A recent Morning Consult poll indicated that 75% of Americans support companies cutting business ties to Russia.

Read more from Newsweek at this link.

Bill McEwen is news director and columnist for GV Wire. He joined GV Wire in August 2017 after 37 years at The Fresno Bee. With The Bee, he served as Opinion Editor, City Hall reporter, Metro columnist, sports columnist and sports editor through the years. His work has been frequently honored by the California Newspapers Publishers Association, including authoring first-place editorials in 2015 and 2016. Bill and his wife, Karen, are proud parents of two adult sons, and they have two grandsons. You can contact Bill at 559-492-4031 or at Send an Email

Continue Reading
Advertisement GVwire