Yevheniy Prigozhin, the owner of the Wagner PMC, may have received over USD 250 million from mining over the past four years

Journalists in the Financial Times investigation note that this includes oil, gas, diamonds, and gold production in countries such as Sudan, Syria, and others.

In 2018, the US government imposed sanctions on Evro Polis, a company controlled by Prigozhin that received energy concessions from Syrian President Bashar al-Assad in exchange for mercenaries of the Wagner PMC liberating oil fields from ISIS during the country's civil war.

According to the publication, Evro Polis' reporting shows that sanctions have had a limited impact on its operations. In 2020, the company continued to generate sales of USD 134 million, and its net profit that year was USD 90 million. 

Also, M Invest, a gold mining company in Sudan that the US government sanctioned in July 2020, received $2.6 million the following year. 

According to export reports, two companies that shipped large quantities of industrial equipment to Prigozhin-backed companies in Sudan and the Central African Republic received more than US$6 million in revenue by the end of 2021. 

In addition, the reporting also shows how some of the companies controlled by Prigozhin likely moved their operations to other facilities before Western countries began to close them.