Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

herding cats

(19,564 posts)
Wed May 17, 2017, 01:33 PM May 2017

Russian government bank financed asset sale with Trump partner: report

Source: The Hill

A state-run Russian bank financed an asset sale in 2010 involving President Trump's partner in a Toronto hotel, The Wall Street Journal reported Wednesday.

Trump's partner, Russian-Canadian developer Alexander Schnaider, pumped money into Trump's Toronto hotel after selling his company's share in a Ukrainian steelmaker. The Russian bank Vnesheconombank (VEB) provided the money for the sale, according to the Journal — a transaction worth about $850 million.

The buyer has not been publicly identified, but two sources familiar with the matter told the Journal that the money was provided by an entity acting on behalf of the Russian government.

Federal investigators are looking into Trump and his associates' ties with Russian financial institutions, including VEB, which is currently under Ukraine-related sanctions.
Trump senior adviser and son-in-law Jared Kushner reportedly met with the chairman of VEB in December.

A Trump Organization spokesman told the Journal that the company did not have any financial dealings with VEB, and Trump himself has repeatedly denied having any ties or dealings with Russia.


Read more: http://thehill.com/homenews/administration/333835-russian-bank-financed-asset-sale-involving-former-trump-hotel

6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

brush

(53,776 posts)
2. No wonder Comey asked for more money. There are Russia/trump tentacles everywhere.
Wed May 17, 2017, 01:39 PM
May 2017

And no wonder trump fired him. He knew he was getting close.

Leghorn21

(13,524 posts)
6. Ever see this, Botany? Via buzzfeed, it's at least...6? 8? weeks old...a list of dipshit's
Wed May 17, 2017, 02:41 PM
May 2017

enterprises/organizations/companies/partners etc...damn but there's some "big and deep" info in it - after glancing at it I said, ohhhhhh, omg, THIS is what investigators have to decipher, well, bless their cross-eyed hearts!!! Eeek!:

http://freedomdawning.org/docs/TrumpWorldDataPublic.xls

riversedge

(70,204 posts)
5. Putin personally signed off on Russian bank financing of Trump International Hotel and Tower
Wed May 17, 2017, 02:07 PM
May 2017

I would like to see a photocopy of Putins sig, but his reasoning sounds good. IMHO



Vladimir Putin personally signed off on Russian bank financing of Trump International Hotel and Tower


http://www.palmerreport.com/politics/putin-trump-hotel-russia/2898/




By Bill Palmer
Updated: 12:01 pm EDT Wed May 17, 2017 | 0


On a day when Donald Trump is fending off his exploding Russia scandal from all sides, the news just got much worse for him. Despite his ongoing insistence that he’s had virtually no business dealings with Russia, it’s now been exposed that the Trump International Hotel and Tower was secretly financed by a Russian government controlled bank – and that the deal was approved by Vladimir Putin himself.

That’s the word from the Wall Street Journal toda
y, after it dug into the financial history of the Toronto based Trump-branded hotel (link). The newspaper has reported that Donald Trump owned a stake in the hotel at the time, a claim which he now denies. But his camp is acknowledging that the hotel is managed by the Trump Organization. Worse, the bank involved has direct ties to Vladimir Putin, Trump’s own family, and a Russian spy ring in New York.

VEB bank is so thoroughly controlled by the Russian government that at the time of the Trump hotel financing deal, Russian president Vladimir Putin was the chairman of its supervisory board and was personally approving on all major deals – meaning that Putin himself was the one who signed off on the Trump Toronto project. VEB is also the bank that Donald Trump’s son-in-law Jared Kushner met with at Trump Tower in New York during the transition period...............................






Russian State-Run Bank Financed Deal Involving Trump Hotel Partner


https://www.wsj.com/articles/russian-state-run-bank-financed-deal-involving-trump-hotel-partner-1495031708?mod=e2tw&mg=id-wsj


Russian-Canadian developer put money into Toronto project after receiving hundreds of millions from deal involving VEB

By Rob Barry, Christopher S. Stewart and Brett Forrest

Updated May 17, 2017 11:59 a.m. ET

VEB, a Russian state-run bank under scrutiny by U.S. investigators, financed a deal involving Donald Trump’s onetime partner in a Toronto hotel tower at a key moment for the project, according to people familiar with the transaction.

Alexander Shnaider, a Russian-Canadian developer who built the 65-story Trump International Hotel and Tower, put money into the project after receiving hundreds of millions of dollars from a separate...
To Read the Full Story ..............

Latest Discussions»Latest Breaking News»Russian government bank f...