Home World Israeli Spyware Firm NSO's Owner To Be Liquidated. Pegasus Scandal Fallout?

Israeli Spyware Firm NSO’s Owner To Be Liquidated. Pegasus Scandal Fallout?


Israel Spyware Firm NSO's Owner To Be Liquidated. Pegasus Scandal Fallout?

Pegasus Scandal: The private equity firm that owns NSO will be liquidated. (File)

Paris, France:

The private equity firm that owns NSO, the Israeli spyware company at the heart of the Pegasus scandal, is being liquidated, a source close to the company told AFP on Monday, confirming media reports.

London-based Novalpina Capital, which bought the NSO Group in 2019, is being dissolved after a dispute between its co-founders.

Its liquidation leaves the future ownership of NSO unclear, just as the company is grappling with the fallout of a vast electronic espionage scandal.

Novalpina also owns the Estonian casino group Olympic Entertainment and French pharmaceutical company X.O.

The Financial Times reported that Novalpina’s investors “have until August 6 to decide whether to liquidate the fund with a fire sale of its assets, or appoint a third party to take control of it”.

French business daily Les Echos reported that Novalpina was being liquidated to put an end to an “internal war” between its founders.

But “the espionage scandal may have been the straw that broke the camel’s back”, it added.

The NSO Group has been at the centre of a storm this month after an international media investigation claimed its Pegasus software was used to spy on the phones of human rights activists, journalists and even heads of state.

NSO has denied any wrongdoing, labelling the allegations “false”.

It insists its software is intended for use only in fighting terrorism and other crimes.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



Source link

RELATED ARTICLES

Will Of Prince Philip Will Be Sealed, Remain Private For 90 Years: Court

<!-- -->Prince Philip died at the age of 99 in London on April 9.London: The will of Prince Philip, the late husband of...

All-Civilian Crew Healthy, Happy And Resting: SpaceX

<!-- -->Elon Musk tweeted that he had personally spoken with the crew and "all is well."Washington: SpaceX's all-civilian Inspiration4 crew are "healthy, happy...

Australia Says More US Troops To Come, Eyes Missile Work

<!-- -->Australia will be "significantly enhancing" cooperation, said its defence minister. (FILE)Washington: Australia said Thursday that more US troops will rotate through the...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

30,570 Fresh COVID-19 Cases In India

<!-- -->COVID-19: The number of active cases has dropped to 3,42,923New Delhi: With 30,570 more people testing positive for COVID-19, India's overall infection...

Will Of Prince Philip Will Be Sealed, Remain Private For 90 Years: Court

<!-- -->Prince Philip died at the age of 99 in London on April 9.London: The will of Prince Philip, the late husband of...

All-Civilian Crew Healthy, Happy And Resting: SpaceX

<!-- -->Elon Musk tweeted that he had personally spoken with the crew and "all is well."Washington: SpaceX's all-civilian Inspiration4 crew are "healthy, happy...

France Says Biden Acted Like Trump To Sink Australia Defence Deal

<!-- -->France accused Joe Biden on Thursday of stabbing it in the back. (FILE)Paris: France accused US President Joe Biden on Thursday of...

Recent Comments