ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Russia opens criminal investigation into Wagner Group chief

Russia is opening a criminal investigation into the Wagner Group chief and is urging its soldiers not to follow orders from the group's leader.

A Russian government agency is opening a criminal investigation into Wagner Group chief Yevgeny Prigozhin after he called for an armed rebellion on Friday, which was aimed at removing the country's defense minister.

In a series of video and audio recordings, Prigozhin angrily accused Russian Defense Minister Sergei Shoigu of ordering a rocket strike on the private military contractor's field camps where the group is fighting on behalf of Russia in Ukraine.

"This is not a military coup, but a march of justice," Prigozhin declared. "The evil embodied by the country’s military leadership must be stopped."

"This scum will be stopped," Prigozhin said, referring to Shoigu.

Russia's Defense Ministry denied executing the rocket attack.

RUSSIAN WARLORD THREATENS KREMLIN MILITARY OFFICIALS FOR ALLEGED ATTACK ON HIS TROOPS: REPORT

According to state news agency Taas, the National Anti-Terrorism Committee, part of the Federal Security Services, will be opening a criminal investigation on charges of calling for an armed rebellion. The report states that Russian President Vladimir Putin was kept informed of the situation.

"The allegations circulated on behalf of Yevgeny Prigozhin are groundless. In connection with these statements, the FSB of Russia has initiated a criminal case into the call for an armed rebellion. We demand an end to illegal actions," the National Anti-Terrorism Committee siad in a statement, according to Russian state television Channel One.

Moscow appears to be taking the threat seriously, as the National Guard and riot police were sent to provide security for key facilities in Moscow, which includes transport infrastructure and government agencies, according to Taas.

RUSSIA IS TARGETING THE US HOMELAND WITH ITS STRATEGY OF CYBER ARMAGEDDON

Rebekah Koffler, a Russian-born former DIA intelligence officer told Fox News Digital that the Wagner Group chief has gone too far in a fight with the FSB.

"It appears that Prigozhin has crossed the line in his fight with the Russian security bureaucracy. The FSB, Russian domestic security service has opened a criminal investigation into Prigozhin, following his calling for a military rebellion, according to the National Counter-terrorism committee," Koffler said. "This has to be a major headache for Putin now."

In a statement to Fox News, National Security Council Spokesperson Adam Hodge said "We are monitoring the situation and will be consulting with allies and partners on these developments."

This is a developing story.

The Associated Press contributed to this report.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.