Great story on the Russian money behind Trump Toronto that reveals links between shadowy post-Soviet wealth and shows how some of the $ flows raise questions about Trump’s vulnerability to undue influence now that he is in the White House, by @tomburgis
ft.com/trumptoronto
ft.com/trumptoronto
Highlights on the Trump Toronto story in this thread from @dcpoll
Last June I reported that although the WSJ and the media revealed Trump Toronto funding came from Russia's VEB bank, the original funding announced in a 2007 press release had come from Austrian Raiffeisen Zentralbank Vsterreich AG (RZB)
While RZB Bank which funded Trump Toronto was Austrian, it received 3/4 of its profit from Russia, and based on a 2010 Kyiv Post story RZB had ties to Dmitry Firtash and Ivan Fursin, and allegedly to Seymon Mogilevich
In March of this year Raiffeisen/RZB, the original 2007 funder of Trump Toronto, was fined 2.7 million euros, the largest fine in Austrian history for lack of money laundering controls
More in this thread from @ZarinaZabrisky
