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Berlin crossed 'red line' by supplying lethal weapons to Ukraine, envoy says

Russian Ambassador to Germany Sergey Nechayev said on Monday (Sep 12), Germany crossed "the red line" when it started supplying lethal weapons to Ukraine.
In an interview with the Russian daily Izvestia, Nechayev recalled that Germany bears moral and historical responsibility for the crimes of Nazi Germany, committed in Russia during the Great Patriotic War -- the part of World War II that started for Russia after Germany attacked it in 1941.
Nechayev said: "The very fact of supplying the Ukrainian regime with German-made lethal weapons used not only against Russian servicemen but also against civilians of Donbas is the red line that the German authorities should not have crossed, including taking into account the moral and historical responsibility of Germany to our people for the crimes of Nazism during the Great Patriotic War.”
The ambassador added that "pumping Kyiv with arms at Germany's Anglo-Saxon NATO allies' demand is a way to nowhere," and such measures will only protract the conflict, and as a result, will increase the number of victims.

Nechayev said the policy of today's Germany toward Russia is built on "accusations of all mortal sins, as well as unwillingness to recognize objective realities and to take into account the genesis of the Ukrainian crisis," adding that Berlin is one of the principal initiators of anti-Russian sanctions.
He noted that the German government unilaterally started destroying mutually beneficial bilateral relations, "unique in their scale and richness," which were based on a partnership.
He said: "The process of post-war reconciliation of our countries and peoples is being eroded."
France, Romania to sign deal for grain export from Ukraine
There are some voices that call to consciousness but they do not play any significant role, he regretted.
About the rallies amid the energy crisis in Europe, Nechayev said it is Germany's internal affairs.
"We are far from gloating about this. We do not want to speculate about the growth of protest sentiments.
"We consider the ongoing processes to be an internal matter of Germany, in which we do not interfere. Moreover, we do not read high-flown moral teachings, although, in the West, they are constantly trying to do this to Russians," he stressed.
Kyiv forces say they entered key town of Kupiansk in east Ukraine
Nechayev also recalled Russian President Vladimir Putin's remarks that Moscow is ready to start gas deliveries via Nord Stream 2 even "tomorrow" -- as soon as the EU gives the green light.
As for Nord Stream I, the envoy said Canada, after maintenance, sent the turbine, necessary for the resumption of its work, to Germany instead of Russia in violation of the relevant contract, and the sides -- the Russian energy company Gazprom and German Siemens -- are currently in talks about what to do next.
Asked about visa limitations for Russians in the EU, the ambassador said such restrictions violate the basic principle of freedom of movement.
Source: aa
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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