McClatchy: A Kazakh dirty-money suit threatens to reach Trumps business world

[kpete]

▪ A New York court decision may further reveal details about the Kazakh family’s financial flows into condos in the Trump SoHo building, developed and sold by Bayrock. Bank records include large transfers from a now-sanctioned Cyprus lender.

Federal lawsuits brought in Los Angeles by the city of Almaty and former business partners in New York are advancing against Ilyas and Viktor, who is also a former mayor of Almaty, Kazakhstan’s largest city. Both Khrapunovs and Ilyas’ father-in-law, Mukhtar Ablyazov — an uber-wealthy fugitive banker who owned BTA Bank until it was seized by regulators in 2009 — face criminal charges in Kazakhstan. Authorities allege $10 billion went missing from the bank, Kazakhstan’s third largest, and that Ablyazov moved out at least $4 billion.

The trio say they are the victims of political persecution by President Nursultan Nazarbayev, who has ruled oil-rich Kazakhstan since 1990. The country ranks in the bottom quarter on transparency measures, and Nazarbayev’s family is accused of stashing money in offshore companies.

The gathering legal drama is shining light on Trump business associate Bayrock Group, which involves Kazakh partners who helped develop the Trump SoHo building in New York and projects in Arizona and South Florida. This at a time when Donald Trump’s Russian and foreign ties are under greater scrutiny.

Crucial to Trump and his businesses — and the ability of lawyers to establish whether the Trump Organization had any knowledge of or benefit from any illegal money flows — is whether the United States or Switzerland hears the lawsuits against the Khrapunovs. If prosecutors convince a California court to hear the case, lawyers will have much greater ability to dig for evidence through a process known as discovery; Switzerland’s rules are far more restrictive.


http://www.mcclatchydc.com/news/nation-world/national/9b7goa/picture152934554/alternates/FREE_1140/Kudryashova


WAY More:
http://www.mcclatchydc.com/news/nation-world/national/article152934589.html

[mhw]

1. No wonder they lead such a massive corrupt campaign for DT to hold the power of the President.

The fact that they thought they'd stacked the deck with Trump so well that all of this would remain hidden is so sinister.
Guess in all their planning they missed the part about the US surveillanc of foreign adversaries like Russia.

This has to end with prison, property seizure and some extremely strict sanctions for every single person & country that allowed & encouraged it to take place.