As Trump and senate republicans cry foul over Hunter Biden - who never worked in the WH - and his business deals in China, taxes reveal China is one of 3 foreign countries where Trump has a bank account and paid taxes @mmcintire@susannecraig@russbuettner nytimes.com/2020/10/20/us/…
The foreign accts don't appear on Trump’s public financial disclosures which lists personal assets because they're held under corporate names
The Chinese acct controlled by Trump International Hotels Management LLC paid $188,561 taxes in China 2015-2016
Trump's efforts in China go back to at least 2006, when he filed trademark applications. Many Chinese government trademark approvals came after he became president. Ivanka Trump also won Chinese trademark approvals after she started worked at the WH.
In '08 Trump pursued an office tower project in Guangzhou & in '12 opened Shanghai office. His company THC China Development LLC claimed $84,000 in deductions in '12.
Trump partner the State Grid Corporation was later ensnared in a corruption investigation by Chinese authorities
Trump’s China plans were largely driven by Trump Int'l Hotels Mgmt which had the Chinese bank account and owns THC China Development
In 2017 the company had a spike in revenue of $17.5 million, more than prior 5 years’ combined & Trump withdrew $15mil
There are so many ways Trump and his family pursued and did Chinese business deals... to say the Biden attacks are projection is a massive understatement
Trump Hotel Collection (THC) negotiated with State Grid Corporation of China - electricity co and China’s largest state-owned enterprise - on an MOU worth $100-$150 million over 15 yrs HT @StacyJannis
Per ex-dir of Trump’s Greater China office Robby Qiu negotiations w/state-owned enterprises & at least 1 Chinese city govt occured in early months of Trump pres campaign
Trump Hotel Collection & State Grid Corporation of China called off deal that may have been worth $100-$150 mil over 15 yrs after investigation of power-grid operator found it was illegally using public land for the project
Islamic Republic of Iran Broadcasting (IRIB) sanctioned since 2013 has 3 websites w/videos hosted in US by Webzilla part of XBT - the first foreign co allowed to operate servers in Russia & reported to host porn sites & Methbot adv scams, by @KevinGHall
Webzilla appears indirectly in FinCEN Files in a Barclays Bank filing about Ukrainian Maxim Polyakov who grew wealthy off adult websites owned by Alcuda Ltd - a regulatory filing cited suspicious wire transfers & possible fraud on the adult-dating sites miamiherald.com/news/state/flo…
Last year WSJ reported that Max Polyakov was one of two people the Trump administration approached about possibly acquiring Ukrainian aerospace manufacturer Motor Sich to prevent China from buying the firm, the other person approached was Erik Prince
"Even before he reaches into his trousers, Giuliani does not appear to acquit himself especially impressively during the encounter. Flattered and flirtatious, he drinks scotch, coughs" & "agrees–in theory at least–to eat a bat with his interviewer"
Ex-Trump fundraiser & RNC finance co-chair Elliott Broidy agrees to forfeit $6.6 million as part of guilty plea
This plea deal relates to Malaysia and China - but Broidy earned hundreds of millions in other deals worldwide while leveraging WH ties, this is a drop in the bucket
Elliott Broidy's private security company Circinus LLC (listed under global vendor name Threat Deterrence Capital LLC) secured at least $800 million in foreign defense contracts since Trump took office
In 2009 Elliott Broidy pleaded guilty in pay-to-play scheme - & paid $1mil in gifts to NY pension fund officials in exchange for $250mil for his Markstone fund to manage
Braidy Industries - KY company that accepted $15 million investment from the state and Oleg Deripaska's Rusal had pledged a $200 million investment - has changed their name to Unity Aluminum and have new leadership in place (after another turnover in Jan)
In January 2020 there was some drama at Braidy Industries when the board removed Chairman and CEO Craig Bouchard (who declined to step down) and finally the new CEO Tom Modrowski took over
Deripaska's Rusal invested $65 million in KY mill in 2019
Per Aug story Rusal, 40% owner of Braidy Atlas Mill & chief raw product supplier, contributed $75mil in 4-months before pausing late 2019 until Braidy put in $300mil, Rusal then took back $10 mil
US unseals superseding indictment charging six individuals with participating in a conspiracy to launder millions of dollars of drug proceeds on behalf of foreign cartels - Xizhi Li, Jiaxing Chen, Jiayu Chen, Eric Yong Woo, Jingyuan Li, and Tao Liu