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
Sunlei
(22,651 posts)brush
(53,776 posts)And no wonder trump fired him. He knew he was getting close.
Botany
(70,501 posts)But what about Hillary's emails?
Leghorn21
(13,524 posts)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
dalton99a
(81,475 posts)riversedge
(70,204 posts)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 hes had virtually no business dealings with Russia, its 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.
Thats the word from the Wall Street Journal today, 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, Trumps 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 Trumps 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 Trumps 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...
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