Russian connections still haunt Ross after senate confirmation - CyprusBusinessMail

[ffr]

Bank of Cyprus’s (BoC) board of directors which is meeting on Tuesday afternoon to approve the 2016 results is also expected to announce the successor to its vice-chairman Wilbur Ross, who on Monday got the US senate’s approval as new secretary of commerce.

The announcement is likely to be made early on Wednesday, a source said.

Still, even after his expected official departure from the Cypriot bank, questions over Ross’s ties to Russia, and a number of the bank’s major shareholders, continue to linger as the US press and public opinion are showing an increased interest in President Donald tRump’s connections to Russia, five weeks after his inauguration.

Ross, the US investor who made money by investing, restructuring, and selling his stake in Bank of Ireland in 2014, and subsequently led a group of US investors in participating in BoC’s €1bn capital increase that year, is still facing questions over his role in Cyprus’s largest bank, which includes a number of Russian shareholders linked to Russia’s authoritarian strongman, Vladimir Putin. - CyprusBusinessMail

As pointed out in Rachel Maddow's piece yesterday.
www.democraticunderground.com/1017426536

[Achilleaze]

1. republicans kowtowing to their frikken Russian BFFs

while they PISS on America.

Deplorable.