“Troost has been working with associates whose names are well-known among Russian companies and individuals trying to shield their wealth. Both François Mauron, who also appears in Paramount DMCC’s corporate documents, and is sanctioned in the UK alongside Troost, and Swiss-American businessman Maurice Taylor, serving as the director, board member or legal representative of scores of trading companies linked to Russian oil, are believed to have assisted Troost and Paramount since 2022” – CEO Review Magazine

“What sets Troost apart from the rest of the sanctions evaders, who are primarily interested in self-enrichment, is Troost’s direct relations with the Kremlin. Troost is a known associate of Gennady Timchenko, who following the death of Wagner head Yevgeny Prigozhin in August of last year, found himself at the centre of attention of the international community as a result of his private military company Redut.” – International Policy Digest

“To any geo-political observer, it is quite obvious that Troost is a front for Timchenko. Documents released in the Pandora Papers gives us a good look at how people like Troost have used their wealth to not only hide their assets around the world, but also how they use shell companies to fund terrorist activities globally.” – Maritime Executive

“Troost has hired Ankit Desai to advance his case in Washington, after being sanctioned by the UK.” – Intelligence Online

“The UK government asserted that Paramount SA and Paramount DMCC have been “involved in obtaining a benefit from or supporting the government of Russia,” and placed sanctions on Niels Troost, linking him to both firms. “Troost facilitates the unfettered trade of Russian oil outside the reach of UK and G7 sanctions,” the UK government alleged.” – Maritime Executive

“Swiss authorities are probing a prominent Geneva-based oil trader’s legal arrangements to sidestep Russia sanctions, in a sign the country has begun actively policing its large commodity industry’s ties with Moscow.” – Swiss Info

“Troost has largely gone underground since being named in news reports as a key energy broker for Russia. He denies charges of sanctions busting or any illegal activities, but recently cancelled a trip to New York.” – Intelligence Online

“The British authorities will now freeze Troost’s assets in the United Kingdom. In addition, British people and businesses are now prohibited from providing Troost with trust services, such as establishing letterbox companies, or acting as a director of one of his businesses.” – NL Times

““Troost facilitates the unfettered trade of Russian oil outside the reach of UK and G7 sanctions,” stated the UK Government. It also alleged that he is involved with United Arab Emirates (UAE)-based Paramount Energy & Commodities DMCC, which the UK sanctioned in November 2023. ” – Offshore Technology