• About Us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI English
TFI हिन्दी
Tuesday, March 28, 2023
TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
TFIGlobal
No Result
View All Result

Putin’s close ally bails out Germany’s struggling airport

Pallak Kashyap by Pallak Kashyap
February 7, 2023
in Russia
Reading Time: 3 mins read
0
Frankfurt-Hahn Airport

Source- vk.com

211
VIEWS
Share on FacebookShare on Twitter

Viktor Kharitonin, a Russian oligarch, has bought the Frankfurt-Hahn Airport, which is located in Germany’s province of Rhineland-Palatinate for 20 million euros. Kharitonin’s company NR Holding has become the largest shareholder of the Frankfurt-Hahn Airport following a sale agreement with the state of Hesse in Germany which has a 17.5% stake in the airport.

Kharitonin’s act of generosity toward the German government is a reminder to the US and Europe that targeting the aides and allies is a wrong move.

Also Read

How a DEA chief in Mexico ended up working with narcotraffickers

US and its European lackeys are trying to kick Russia out of the WTO, but it’s not happening

The Frankfurt-Hahn Airport has been declared bankrupt. Earlier, it was a US military airport. It serves mainly low-cost carriers which are headed to European destinations. The new main shareholder of the Frankfurt-Hahn Airport, Viktor Kharitonin, has so far not been sanctioned by the European Union for Russia’s military operation in Ukraine.

Earlier, Khartionin’s company NR Holding endeavoured to buy the Frankfurt-Han Airport but was outbid by SWIFT Conjoy. But SWIFT Conjoy never paid the purchasing price. Following this NR Holding again tried its luck and this time it was successful.

This is not the first time Kharitonin has acquired a major stake in a Western company. Earlier, Kharitonon’s company called Augment Investments Limited bought the assets of Mondi Group, a British company, for $1.5 billion. Following the deal, Mondi’s assets in Russia were transferred to Augment, which led to Mondi’s London-listed shares increasing by 11%.

Read more: Germany’s Olaf Scholz Makes a Big U-turn on His Foreign Policy

Mondi’s decision came in the wake of Russia’s military operation in Ukraine. The British giant stated, “Mondi remains profoundly concerned about the war in Ukraine and is shocked by the humanitarian impact. We express our deepest sympathy to all those affected by the ongoing hostilities, reiterating our call for an urgent cessation and a peaceful resolution.”

President Putin meets with Russian businesspeople | Sputnik Mediabank
Source- Sputnik Mediabank

Mondi followed the flawed examples of other Western companies, which believed they were doing a noble cause by suspending or permanently shutting down their operations in Russia for its actions to defend its sovereignty and territorial integrity.

Target of Western sanctions

Since Kharitonin is a close aide of the arch-nemesis of the West, Vladimir Putin, he has been the victim of illegitimate US sanctions. Just like other political personalities and eminent business figures who are close to the Kremlin, Kharitonin too suffered from the political and diplomatic overreach of the US.

In fact, in 2018, the US Treasury Department released a list, known as the “Putin List”, which contained the names of around 210 eminent Russians who had a close relationship with Putin. One of the individuals on the list was Viktor Kharitonin.

The US government stated that it was required by law to release the list. The list contained the identities of 114 Russian politicians and 96 oligarchs. Washington insinuated, without any evidence, that these people were complicit in the now debunked theory of Russian interference in the 2016 US presidential election, the annexation of Crimea, separatism in eastern Ukraine and human rights abuses.

However, ironically the same Kharitonin, who is the victim of unjustifiable Western onslaughts is now bailing out the Frankfurt-Hahn Airport.

Read more: An energy-secured Germany blames US for Nord Stream sabotage for the first time

When it comes to the Ukraine war, Germany is one of the Western nations which has been persistently at the forefront of the numerous attacks on the diplomatic, political and economic interests of Russia and anyone or anything associated with it. The US and Europe have not only gone after Moscow and Putin but also their allies and associates.

However, in times of crisis, particularly in the case of Germany, which is grappling with skyrocketing inflation and recession in the wake of its decision to impose sanctions on Russia, it was Kharitonin which came to the rescue of its about to crumble Frankfurt-Hahn Airport. This small episode also serves as a reminder to Germany that maybe the enemy of its friend, the US, is its actual friend.

Tags: EuropeGermanyRussiaUSViktor Kharitonin
ShareTweetSend
Previous Post

The Bahamian Govt Is Now Ripping Into the Savings Accounts of Honest Tax Paying Bahamians  

Next Post

Is Switzerland doing the tango with Putin

Also Read

Estonia’s Cunning Strategy to steal EU and NATO’s top post

Estonia’s Cunning Strategy to steal EU and NATO’s top post

March 24, 2023
Russian tankers

‘Old Tankers Never Die!’ Russian model of Oil Profiteering

March 22, 2023
Canadian companies are going pro-Russia

Canadian companies are going pro-Russia

March 7, 2023
EU heading towards another ‘Great Depression’

EU heading towards another ‘Great Depression’

March 7, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
Africa kicks dollar to the curb

Africa kicks dollar to the curb

March 14, 2023
Romania’s rising star, Diana Sosoaca is making the West anxious

Romania’s rising star, Diana Sosoaca is making the West anxious

March 27, 2023
Did Ukraine use innocent civilians as human shield against Russia in the name of evacuation?

Did Ukraine use innocent civilians as human shield against Russia in the name of evacuation?

May 9, 2022
Jagmeet Singh is burning the bridges between India and Canada

Jagmeet Singh is burning the bridges between India and Canada

March 21, 2023
Iran relations

NATO fears losing out to Iran

March 22, 2023
Indonesia’s Shocking Decision on Visa and Mastercard!

Indonesia’s Shocking Decision on Visa and Mastercard!

March 28, 2023
How a DEA chief in Mexico ended up working with narcotraffickers

How a DEA chief in Mexico ended up working with narcotraffickers

March 28, 2023
US and its European lackeys are trying to kick Russia out of the WTO, but it’s not happening

US and its European lackeys are trying to kick Russia out of the WTO, but it’s not happening

March 28, 2023
Trudeau chooses the most environment unfriendly hotel in Egypt to attend an environment summit

Trudeau chooses the most environment unfriendly hotel in Egypt to attend an environment summit

March 28, 2023
Going all in: UK’s African Gambit aims to score big at UK-Africa investment summit

Going all in: UK’s African Gambit aims to score big at UK-Africa investment summit

March 28, 2023
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2023 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

©2023 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.