Thread by @karolcummins

💰1MDB - Elliott Broidy💰

Trump Ally Was in Talks to Earn Millions in Effort to End 1MDB Probe in U.S.

Emails indicate Brody and his wife were negotiating a fee if the US Justice Department closed its investigation of 1MDB
wsj.com/articles/trump…

Background:

Broidy, a top Republican fundraiser close to Trump was in negotiations to earn tens of millions of dollars if the U.S. DOJ dropped its investigation into a multibillion-dollar graft scandal involving a Malaysian state investment fund. #1MDB

wsj.com/articles/trump…

In emails Broidy & his wife, Robin Rosenzweig, discussed setting up a consulting contract with Jho Low, who is at the center of the 1Malaysia Development Bhd. scandal, which brought scrutiny to the country’s prime minister, Najib Razak.

wsj.com/articles/trump…

The messages include draft agreements between Rosenzweig’s CA law firm & reps of Low about the possible terms of their biz engagement.

In one draft, there is a proposal that includes a $75 million fee if the DOJ quickly drops its investigation of #1MDB.

wsj.com/articles/trump…

🔑Along with the contract drafts, the emails also appear to show Mr. Broidy prepared talking points for Malaysia’s prime minister ahead of a 2017 visit to Washington that included a meeting with Trump and other officials.
wsj.com/articles/trump…

📌In Broidy’s talking points, the PM was advised to state that Malaysia wanted to emphasize its work w/ the US in confronting NK, while also arguing against the US legal pursuit of the 1MDB matter.
#ForeignPolicyCorruption #Pay2Pay
wsj.com/articles/trump…

🔑The details of the purported effort to influence the Justice Department investigation were included in a cache of emails from Broidy’s and his wife’s email accounts that were provided to the Journal
wsj.com/articles/trump…

Atty Chris Clark on behalf of Broidy & his wife (Rosenzweig) said in a statement that Rosenzweig’s law firm was engaged by Pras Michel, a member of the Fugees and a friend of Mr. Low, “to provide strategic advice as part of a broader team to Mr. Low.”

wsj.com/articles/trump…

🔑Elliott Broidy, a Los Angeles-based businessman was a finance vice chairman of Mr. Trump’s 2016 campaign, RNC co-Chair (Cohen) & involved in inauguration fundraising, was paid to lobby the Trump administration to try to end an investigation into 1MDB
nytimes.com/2018/11/30/us/…

💰HIGGENBOTHAM - DOJ - 1MDB

The filings released in connection with a guilty plea entered by George Higginbotham, a former Justice Department employee. #1MDB
nytimes.com/2018/11/30/us/…

🔑Mr. Higginbotham admitted to conspiring to lie to banks about the source of tens of millions of dollars he funneled into the US from the Jho Low, the mastermind behind a a scheme to loot the 1 Malaysia Development Berhad fund, also known as #1MDB.
nytimes.com/2018/11/30/us/…

📌Mr. Higginbotham left the Justice Department August 2018 was not involved in the department’s investigation of Mr. Low, and is cooperating with prosecutors.
nytimes.com/2018/11/30/us/…

🌶SpicyFiles🌶

You had me at unsealed - Higginbotham Update
maddogpac.com/blogs/spicy-fi…

🔑In his guilty plea, Higginbotham admitted that he & Pras Michel, a former member of the Fugees, arranged for millions of dollars of Low’s money to be transferred to a law firm owned by Broidy’s wife to pay them to try to end the 1MDB investigation.
nytimes.com/2018/11/30/us/…

📌The charging papers and supporting documents do not identify Mr. Broidy or his wife, Robin Rosenzweig, by name, and neither has been charged with a crime.

📌But, stay tuned! Soon, Broidy, soon! Tic Tock
nytimes.com/2018/11/30/us/…

🔑The facts of the case align with previous reporting on Mr. Broidy’s efforts related to 1MDB, as well as emails from Broidy that were stolen from Rosenzweig’s account & disseminated to news outlets that match emails cited in court filings.
nytimes.com/2018/11/30/us/…

🔑And people with knowledge of the case said that Mr. Broidy was the person identified in the filings as “Person 1” or “Individual 1,” who is described as “a nonlawyer business owner” who “owns several businesses, including an investment firm.”
nytimes.com/2018/11/30/us/…

@threadreaderapp unroll please and TY!

#1MDB
#Broidy
#Rosenzweig
#NajibRazak
#MalaysianPrimeMinister
#PrasMichel
#Higginbotham
#JhoLow
#Individual1
#Person1
#Trump
#FCPA
#EricTan
#BVI