Moscow Court Upholds ‘Extremist’ Label for Galitsky’s Venture Capital Fund

🇷🇺 The Moscow Times (RU) —
Moscow Court Upholds ‘Extremist’ Label for Galitsky’s Venture Capital Fund

AI Summary

A Moscow court has upheld the designation of Almaz Capital as an 'extremist' entity due to allegations it transferred $50 million to Ukrainian companies manufacturing weapons, ammunition, and drones. This move elevates tensions between Russia and Ukraine amid the ongoing conflict.

Almaz Capital was alleged to have sent $50 million to Ukrainian companies that produce weapons, ammunition and drones.

World Security Conflict Politics Almaz Capital extremist label Russian court Ukraine weapon funding arms production drones

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