US Edition
Russian Court Approves State Seizure of Moscow’s Second-Largest Airport
- On Tuesday, a court in Moscow ordered the transfer of Domodedovo International Airport's ownership to the Russian state in response to a request from the Prosecutor General.
- The ruling follows a lawsuit reviewing privatization documents amid claims the airport's foreign-linked ownership risks strategic control and foreign influence.
- Domodedovo, Russia's third-largest airport, served more than 15 million travelers in the past year and is owned by businessmen Dmitry Kamenshchik and Valery Kogan.
- Prosecutors alleged that Kamenshchik and Kogan moved Domodedovo’s profits totaling 18 billion rubles out of the country between 2021 and 2023.
- The court’s decision marks a continuation of Russia's nationalization drive, with over 2.4 trillion rubles in assets now state-owned, impacting foreign and domestic investors.
Insights by Ground AI
Does this summary seem wrong?
10 Articles
10 Articles
All
Left
4
Center
1
Right
1
A Russian court ruled on Tuesday to transfer Moscow's Domodedovo airport from private ownership to the state, saying the owners live abroad and have no right to dispose of the property. AFP reported that Domodedovo is the latest in a series of Russian enterprises to be nationalized in recent times.
Moscow court rules to nationalize Domodedovo Airport
A Moscow court ruled on Tuesday to hand over the assets of the country's third-largest airport, Moscow's Domodedovo, to the Russian state at the Prosecutor General's request, court filings showed. Read more at straitstimes.com.
·Singapore
Read Full Article
Coverage Details
Total News Sources10
Leaning Left4Leaning Right1Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 17%
R 17%
Factuality
To view factuality data please Upgrade to Premium
