Meanwhile, the war machine is booming... Why is a US company selling sophisticated machine tools to Russia that can make tank crankshafts or missile guidance systems in violation of US export controls? The answer lies with this man, the German-born American chairman of NSH Group, Hans Naumann, who's been very vocal about his opposition to sanctions against Russia. The H in NSH, a subsidiary called Hegenscheidt-MFD, made no fewer than 40 shipments to Russia worth $17 million between May of 2022 and March of this year. "NewsHour" reached out to the U.S. Department of Commerce to check if NSH had applied for American export licenses for the machines we traced to Russian defense firms.
But the agency said it couldn't comment on company-specific licensing requests. Only the best, German engineering, Putin knows best...
War profiteering same as its always been.
But the agency said it couldn't comment on company-specific licensing requests. Only the best, German engineering, Putin knows best...
War profiteering same as its always been.
"It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong." – Thomas Sowell