A senior executive of the private equity firm, Njord Partners, has deactivated his X (formerly known as Twitter) account after an investigation found that his firm has been awarded Russian state contracts from agencies controlled by sanctioned individuals, including an ally of Vladimir Putin.
The investigation by the Telegraph newspaper established that Arvid Trolle, who is partner and co-founder of Njord Partners LLP, used his X account full time to run anti-Ukrainian and pro-Russian propaganda on the social media profile, (@arvidherluf).
Essentially, the propaganda that Arvid Trolle ran backed the Russian narrative. Since the investigation came out, earlier this week, and was published worldwide, Arvid Trolle has taken off his social media account to make it inaccessible.
The investigation found that Arvid Trolle – the co-owner of RETN’s primary institutional investor, Njord Partners – was posting content on his X profile attacking Ukraine and President Zelensky using his account. Trolle’s partner at Njord Partners, Jakob Kjellberg, is currently the Chairman of RETN.
RETN Capital, which provides services across Europe, claims to have limited its exposure to Russia since the invasion of Ukraine and complied with sanctions, but instead its revenue from the country has rocketed since the war began, partly driven by contracts from sanctioned state entities, according to a report in the Daily Telegraph.
One of Arvid Trolle X repost stated: “Ukraine has always been a very dodgy place, run by friends of the globalists like Hunter Bider where incredibly shifty s*** goes on”.
