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applegrove

(118,622 posts)
Sun Nov 5, 2017, 08:29 PM Nov 2017

Commerce Secretary Concealed Ties to Putin Cronies

https://politicalwire.com/2017/11/05/commerce-secretary-concealed-ties-putin-cronies/

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Commerce Secretary Wilbur Ross “shares business interests with Vladimir Putin’s immediate family, and he failed to clearly disclose those interests when he was being confirmed for his cabinet position,” NBC News reports.

“Ross — a billionaire industrialist — retains an interest in a shipping company, Navigator Holdings, that was partially owned by his former investment company. One of Navigator’s most important business relationships is with a Russian energy firm controlled, in turn, by Putin’s son-in-law and other members of the Russian president’s inner circle.”

New York Times: “Details of these arrangements surfaced in a cache of leaked files from Appleby, one of the world’s largest offshore law firms, which administered some 50 companies and partnerships in the Caymans and elsewhere connected to Mr. Ross.”

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