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  • @[email protected]OPMEnglish
    2•1 year ago

    Putin’s Corporate Takeover of Wagner Has Begun

    Not since the British crown began liquidating the East India Company in 1858 and assumed direct rule over its far-flung colonies, has the world seen a government try to swallow a corporate empire comparable to Wagner.

    The Wagner Group helped the Kremlin amass international influence and collect revenues, all managed by Prigozhin’s main holding company Concord. Putin is now trying to take control of a corporate monster he helped create, according to Western, Middle East and African officials alongside Russian defectors and documents detailing more than 100 Wagner-controlled companies.