Sunday, May 12, 2024
Ongoing conflict in Ukraine creates tension with Russia.

Ongoing conflict in Ukraine creates tension with Russia.

Bacardi, the world’s largest private alcohol company, has been designated as an “international sponsor of war” by Ukraine for continuing to do business in Russia despite its invasion and attacks on Ukraine. The National Agency on Corruption Prevention (NACP) added Bacardi to its list of companies contributing to Russia’s war effort through its business and tax payments. The NACP report stated that Bacardi continued to supply its products to Russia and imported goods worth $169 million during the year of the war in Ukraine, paying over $12 million in income tax to Russia.

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