News Feed
 (Updated:  )

U.S. Cardinal Robert Prevost was elected the new pope and leader of the Roman Catholic Church on Thursday, taking the name Pope Leo XIV, a senior cardinal announced on May 8 to crowds gathered in St. Peter’s Square, according to Vatican News.

Show More
News Feed

Financial Times: Sanctioned Wagner founder rakes in $250 million profit since 2018

1 min read

The Financial Times reported that Yevgeny Prigozhin, the founder of the Russian state-backed mercenary Wagner Group, has brought in $250 million in assets over the past four years from oil, gas, diamond, and gold mining in countries such as Sudan and Syria.

The U.S. has previously accused Russian mercenaries of exploiting natural resources in the Central African Republic, Mali, Sudan, and elsewhere to fund its military aggression against Ukraine.

Prigozhin’s Wagner Group has also been accused of human rights abuses, including torture and extrajudicial killings, in Ukraine, Syria, Libya, the Central African Republic, Sudan, and Mozambique.

Prigozhin and his closest family members have been put under financial sanctions by a number of countries, including the U.S. and Ukraine in 2022 and the U.K. in 2020.

The Wagner Group is currently involved in Russia's offensive operations in the east of Ukraine, fighting alongside the Russian regular army.

EXCLUSIVE: Inside Ukraine’s covert operation to take out elite Wagner Group mercenaries in Donbas
Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more