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We Did Not Try To Overthrow Putin & Russian Army- Wagner Group Boss Speaks

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Wagner PMC boss Yevgeny Prigozhin released new audio Monday explaining his decision to turn around his march on 🇷🇺 Moscow.

Prigozhin said he wanted to avoid Russian bloodshed and also said the march was a demonstration of protest and not intended to overturn power in the country.

The Russian Defense Ministry had planned for Wagner private military group to “cease to exist” starting on July 1, the group’s founder Yevgeny Prigozhin claimed Monday in an audio message.

Prigozhin comments of the attempted rebellion:

As a result of intrigues, ill-conceived decisions, Wagner PMC was supposed to cease to exist on July 1, 2023;

PMC Wagner did not want to sign a contract with MoD, because this would lead to a complete loss of combat capability;

Those fighters who were ready to go to the MoD did so. But it was the minimum amount, estimated at 1-2%;

PMC Wagner wanted to become a part of any other structure in order to be useful to their Motherland, but they were not heard;

Wagner were going to move as a convoy on June 30 to Rostov and publicly hand over the equipment near the SMO HQ.

“We did not show any aggression, we were under a missile attack. 30 Wagner fighters were killed. This was the trigger that we should move forward immediately.”

During the entire march, which lasted 24 hours, Wagner covered 780 km, not a single soldier on the ground was killed. “We regret that we were forced to strike at air assets. But these weapons delivered missile strikes,”

During the march, all military facilities that were along the road were blocked and neutralized;

None of the fighters was forced into this campaign, and everyone knew the ultimate goal;

“The goal was to prevent destruction of PMC Wagner and bring to justice people who with their unprofessional actions made a huge number of mistakes during the military defense. This was demanded by the public, all the military personnel who saw us during the march supported us.”;

We stopped at the moment when the first assault detachment, which approached 200 kilometers, made reconnaissance of the area and it was obvious that a lot of blood would be shed.”

Our decision to turn around were based on two factors: the fact that we did not want to shed Russian blood. The second factor is that we went to demonstrate our protest, and not to overthrow the government in the country.”;

At this time, Belarusian President Alexander Lukashenko extended his hand and offered to find solutions for the further work of Wagner PMC.”;

“Our march of justice showed the most serious security problems throughout the country.”

“We showed a master class of what February 24, 2022 should have looked like.”

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Putin Registers As Candidate For Russia’s Next Presidential Election

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Russia on Monday officially recognised Vladimir Putin as a candidate for the presidential elections in March, a vote that he is all but certain to win.

The 71-year-old has led Russia since the turn of the century, winning four presidential ballots and briefly serving as prime minister in a system where opposition has become virtually non-existent.

The Central Election Commission said it had registered Putin, who nominated himself, as well as right-wing firebrand and Putin-loyalist Leonid Slutsky as candidates for the vote.

The election will be held over a three-day period from March 15 to 17, a move that Kremlin critics have argued makes guaranteeing transparency more difficult.

Following a controversial constitutional reform in 2020, Putin could stay in power until at least 2036.

Rights groups say that previous elections have been marred by irregularities and that independent observers are likely to be barred from monitoring the vote.

While Putin is not expected to face any real competition, liberal challenger Boris Nadezhdin has passed the threshold of signatures to be registered as a candidate.

However, it is still unclear if he will be allowed to run, and the Kremlin has said it does not consider him to be a serious rival.

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Hong Kong court grants Chinese real estate giant reorganisation postponement

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Hong Kong’s Supreme Court has once again granted the highly indebted Chinese real estate giant Evergrande a postponement for its reorganisation plan.

Judge Linda Chan surprisingly postponed the decision until Jan. 29, the South China Morning Post reported on Monday.

The property developer, which has liabilities estimated at more than 300 billion dollars, is threatened with liquidation.

However, creditors from abroad had taken the company to court because of its missing several payments.

Chan had already said at the previous hearing that this would be the last postponement and that she would very likely agree to liquidation if China Evergrande did not find a plan for restructuring with its creditors.

According to reports, however, the lawyers of the Hong Kong-listed group had now held out the prospect of being able to reach an agreement with the lenders in the coming weeks.

In the case of liquidation, an insolvency administrator would monetise the company and pay out the creditors.

Meanwhile, some experts were of the opinion that liquidation would return less money to creditors than a reorganisation, China Evergrande argued the same in court, according to reports.

The group had been trying to submit a restructuring plan since 2022, without success. Its founder and once China’s richest man, Hui Ka Yan, is being investigated by the Chinese authorities.

Like many other property groups, the company had been in a serious crisis for some time because it is earning significantly less on the slumping property market.

The company is finding it more difficult to obtain state support and is no longer able to service its loans.

“The Evergrande case also shows that the era of large private property developers in China is coming to an end,’’ says Max Zenglein from the Merics China Institute in Berlin.

If Chan decides to wind up China Evergrande, this could also have an impact on other companies.

“One challenge for the government will be to prevent domino effects in the economy caused by major bankruptcies,’’ says Zenglein.

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