SK defense company that paid Trump lawyer Cohen $150K is poised to win part of a $16B Pentagon deal

[babylonsister]

https://www.cnbc.com/2018/05/09/south-korean-firm-that-paid-trump-lawyer-cohen-poised-to-win-pentagon-deal.html?__source=twitter%7Cmain

South Korean defense company that paid Trump lawyer Cohen $150,000 is poised to win part of a $16 billion Pentagon deal

Amanda Macias | @amanda_m_macias
Published 2:44 PM ET Wed, 9 May 2018 Updated 6:11 PM ET Wed, 9 May 2018 CNBC.com


A South Korean defense company poised to win part of a multibillion-dollar Pentagon contract paid $150,000 to a firm set up by President Donald Trump's personal lawyer, Michael Cohen.

The arranged payment from Korea Aerospace Industries, or KAI, to Cohen's company, Essential Consultants, was for "legal consulting concerning accounting standards on production costs," a KAI representative told Reuters.

The revelations about KAI's relationship with Cohen came after Michael Avenatti, the lawyer for a porn star suing Cohen and Trump, released documents that said Essential Consultants received hundreds of thousands of dollars from individuals and companies.

Telecom giant AT&T and Swiss pharmaceutical firm Novartis have also acknowledged paying Cohen's firm for consulting services meant to give an insight into Trump's approach to policy.

The Korean defense company, partnered with Lockheed Martin to build the T-50A trainer jet in hopes of securing a U.S. Air Force contract worth roughly $16 billion.

Lockheed Martin, the Pentagon's top weapons supplier, entered the T-50A into the bidding contest. The plane is a version of KAI's T-50, which is used in South Korea as well as several other U.S. partner nations.

Lockheed told CNBC in a statement, "We had no knowledge of a business relationship between Korea Aerospace Industries and Mr. Cohen, and are not aware of any connection that it may have to the U.S. Air Force Advanced Pilot Training competition."

The companies are widely expected to win the lucrative contract for the delivery of 350 aircraft.

more...

https://www.cnbc.com/2018/05/09/south-korean-firm-that-paid-trump-lawyer-cohen-poised-to-win-pentagon-deal.html?__source=twitter%7Cmain

[struggle4progress]

1. "Liars, and Bribery, and Affairs! Oh, my!"

[Stuart G]

2. ..k and r...nt

[AJT]

3. A company with no employees would be able to do this how:

"legal consulting concerning accounting standards on production costs"

Michael Cohen is also an accountant?