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Troika Laundromat scandal has hit Austria's Raiffeisen Bank which saw shares drop 15% on the news - Raiffeisen allegedly received $634 million from Ukio and Danske’s Estonian unit
In 2007 Raiffeisen loaned $310 million Canadian to develop Trump Toronto
theguardian.com/world/2019/mar…
In 2007 Raiffeisen loaned $310 million Canadian to develop Trump Toronto
theguardian.com/world/2019/mar…
While the media reported on funding for Trump Toronto business partner Alex Shnaider from VEB - the bulk of funding came from Raiffeisen (RZB) on unusual favorable terms, with the loan extended multiple times and eventually defaulted on by Trump's partner
Shortly before Raiffeisen funded development of Trump Toronto it was involved in RosUkrEnergo deal on behalf of undisclosed beneficiaries - who turned out to be Dmitry Firtash and Ivan Fursin - RosUkrEnergo had been called a front for Semion Mogilevich
Last year Raiffeisen was fined 2.7 million euro over lack of money laundering controls, the largest money laundering fine ever in Austria
In 2008 Dmitry Firtash wired $25 million deposit from Raiffeisen for Drake Hotel (aka Bulgari Tower) deal involving Paul Manafort, Rick Gates, and former Fred Trump associates Brad Zackson and Arthur Cohen (the deal failed and didn't close)
Chart showing Manafort, Gates, Firtash and others involved in the Drake Hotel deal (and overlap of funders and links with Trump Soho deal)
medium.com/@wsiegelman/tr…
medium.com/@wsiegelman/tr…
More links in the Firtash and RZB network
