Jailed opposition leader Alexei Navalny has described the company as 'the main propagandist' for the murderous war against Ukraine. Western firms have faced immense pressure to exit investments in Russia since the invasion was launched on February 24. SCM previously held stakes in four firms operating in Russia, but this has now fallen to two, documents show. However, in common with other Russian investments, they may in reality be worth little or nothing, due to the financial fallout from the war. Other major investments include a £90million stake in Indian information technology firm Infosys – the company founded by former Chancellor Rishi Sunak's father-in-law.

Source: Daily Mail September 25, 2022 04:32 UTC