Politics

MOSCOW, September 24 (RIA Novosti) - A U.S...

"Mr. Prokhorov"s background raises questions about his fitness to be the owner of a high-profile NBA franchise. Both Mr. Prokhorov"s business and personal history have come under intense scrutiny in his home country and abroad," the website cited Bill Pascrell as saying.

Russia"s wealthiest person, according to the latest Forbes estimate, signed on Wednesday a letter of intent with New Jersey Nets owner Bruce Ratner to acquire a majority stake in the club and to take part in Ratner"s Atlantic Yards mega-development project to construct a sports, residential and business complex in Brooklyn.

"According to documents released by the Empire State Development Corporation, [U.S.] taxpayers are providing over $2 billion dollars in financing and direct grants towards the Atlantic Yards project," Pascrell said.

The congressman said that U.S. taxpayers would be "directly subsidizing the profits and business risks of this [Prokhorov"s Onexim Group] foreign corporation, whose

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