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8 Comments
If they’re sanctioned how the fuck are they buying up shares in UK companies?
British government should make the purchase null and void and keep the money for Ukraine though I am not sure if that is legally possible to do.
This is the best tl;dr I could make, [original](https://www.bbc.co.uk/news/articles/c4gdywpe1qpo) reduced by 76%. (I’m a bot)
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> LetterOne, the investment company part-owned by oligarchs Mikhail Fridman and Petr Aven, now owns nearly 15% of Harbour Energy.
> Harbour Energy is the largest oil and gas producer in UK waters.
> Louis Wilson, head of fossil fuel investigations at campaign group Global Witness, said: "The UK government and Harbour should have run a mile from this deal."A company part-owned by sanctioned Russian oligarchs, which the Tories considered too much of a security risk to own a few thousand UK broadband connections, has been given a big chunk of the UK's biggest oil producer.
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[**Extended Summary**](http://np.reddit.com/r/autotldr/comments/1f8mztq/sanctioned_russian_oligarchs_take_stake_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.02, ~693298 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **LetterOne**^#1 **Energy**^#2 **Harbour**^#3 **sanctioned**^#4 **share**^#5
For those who cannot waste precious comment writing seconds actually reading articles the UK oil firm bought a company the Russians were part owners of for shares instead of cash.
The russians didn’t actually do anything or buy any shares.
Ahahahaha thats Londongrad for you. Glad to see people up in arms about this. Showing the same energy when it was revealed some minority stake holders in Twitter were Russian.
Honestly russian oligarchs should be banned from ownership over anything even remotely important to the wellbeing of any nation same with china and the rest of the dictatorship block.
Any control they are given they are going to use to destroy and harm.
Money makes the world go round
Big money is the only thing that runs the world