Discover and read the best of Twitter Threads about #AntonovScam
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US sanctions & Anil Ambani.
Thread 👇
Trump’s sanctions against Turkey result largely from Erdogan’s agreement to purchase the S-400 surface-to-air missile system from Russia.
Interestingly, India too signed a deal worth $5.4 billion with Russia for S-400 in 2015.
(1/12)
Thread 👇
Trump’s sanctions against Turkey result largely from Erdogan’s agreement to purchase the S-400 surface-to-air missile system from Russia.
Interestingly, India too signed a deal worth $5.4 billion with Russia for S-400 in 2015.
(1/12)
Purchases from Russia attract US sanctions under the “Countering America's Adversaries Through Sanctions Act (CAATSA)”.
The US can issue waivers but only on a transaction-to-transaction basis.
The US still has NOT given India a waiver on this deal despite requests.
(2/12)
The US can issue waivers but only on a transaction-to-transaction basis.
The US still has NOT given India a waiver on this deal despite requests.
(2/12)
Now here’s where it gets interesting (and murky).
Guess who is the main offset partner for the S-400 deal between India & Russia?
Yup - it’s Anil Ambani’s Reliance Defense.
Ambani signed a contract with Russia’s Almaz-Antey which makes S-400 potentially worth $6bn.
(3/12)
Guess who is the main offset partner for the S-400 deal between India & Russia?
Yup - it’s Anil Ambani’s Reliance Defense.
Ambani signed a contract with Russia’s Almaz-Antey which makes S-400 potentially worth $6bn.
(3/12)
