Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

KelleyKramer

(8,946 posts)
Thu Jul 20, 2017, 03:47 AM Jul 2017

NYT: Manafort in debt to pro-Russia interests by $17M before joining Trump's campaign


As bad as it is with everything that has come out, I'm starting to get the feeling we are just seeing the tip of the iceberg

There is going to be MUCH more to come out, and it will reach a tipping point and then just like with every group of treasonous criminals.. the rat bastards will start to turn on each other







.


https://www.nytimes.com/2017/07/19/us/politics/paul-manafort-russia-trump.html?_r=0


Financial records filed last year in the secretive tax haven of Cyprus, where Paul J. Manafort kept bank accounts during his years working in Ukraine and investing with a Russian oligarch, indicate that he had been in debt to pro-Russia interests by as much as $17 million before he joined Donald J. Trump’s presidential campaign in March 2016.

The money appears to have been owed by shell companies connected to Mr. Manafort’s business activities in Ukraine when he worked as a consultant to the pro-Russia Party of Regions. The Cyprus documents obtained by The New York Times include audited financial statements for the companies, which were part of a complex web of more than a dozen entities that transferred millions of dollars among them in the form of loans, payments and fees.

The records, which include details for numerous loans, were certified as accurate by an accounting firm as of December 2015, several months before Mr. Manafort joined the Trump campaign, and were filed with Cyprus government authorities in 2016. The notion of indebtedness on the part of Mr. Manafort also aligns with assertions made in a court complaint filed in Virginia in 2015 by the Russian oligarch, Oleg V. Deripaska, who claimed Mr. Manafort and his partners owed him $19 million related to a failed investment in a Ukrainian cable television business.

After The Times shared some of the documents with representatives of Mr. Manafort, a spokesman, Jason Maloni, did not address whether the debts might have existed at one time. But he maintained that the Cyprus records were “stale and do not purport to reflect any current financial arrangements.”


more at the link

https://www.nytimes.com/2017/07/19/us/politics/paul-manafort-russia-trump.html?_r=0


.


10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

Pachamama

(16,886 posts)
2. I predict Paul Manafort has joined Michael Flynn as witnesses against the Treason of Donald J. Trump
Thu Jul 20, 2017, 04:23 AM
Jul 2017

....they realize they face many financial penalties and jail time (and in Michael Flynn's case, as an active duty officer who faces the UCMJ and possible death penalty) that they are both willing to tell all in exchange for lesser charges and penalties and "protection".

Although I think they are screwed....most people who cross the Russian Mafia and Putin don't live to tell....

 

Le Gaucher

(1,547 posts)
3. Russian agents will murder him before he does an expose.
Thu Jul 20, 2017, 05:05 AM
Jul 2017

Polonium or some other poison.

Or maybe a bullet.

wishstar

(5,268 posts)
5. However, he is not paying the debt and persons he owes are not taking legal action to collect
Thu Jul 20, 2017, 06:19 AM
Jul 2017

He has also received sizable "loans" that he is not paying back and probably not expected to pay back.

My hunch is he was promised some of these debts would be forgiven if he delivered Trump and Russian agenda to WH, and the loans are part of complicated Russian money laundering schemes.

Ford_Prefect

(7,876 posts)
6. Trump has been a witting participant for far longer than when Manafort joined the election team.
Thu Jul 20, 2017, 06:36 AM
Jul 2017

He was recruited to the same purposes by the same means and method. They loaned him vast sums of money on very special terms to persuade him to act as a tool for enabling Russian oligarch money laundering and Political agendas. Both of them knew what the game was and joined into it willfully, enthusiastically and quite effectively. They followed the money and its dictates.

One hopes that Mueller et al are pursuing the money trail.

ProfessorGAC

(64,988 posts)
7. Yeah, Let's Run Government Like A Business
Thu Jul 20, 2017, 07:12 AM
Jul 2017

Run it run into the ground! That's the part they always leave out. We put business people who have an absolute business model of hyperleveraging and we expect them to balance the budget? Dumb

Ford_Prefect

(7,876 posts)
10. Well...Aren't they merely socializing the costs of doing business? Like any good business does?
Sun Jul 23, 2017, 04:04 PM
Jul 2017

What's good for business is supposed to be good for the USA, isn't it?



Hey, I just heard they need a parking deck out by the Grand Canyon. I didn't know Owls, Coyotes and Lizards had parking privileges.

Latest Discussions»General Discussion»NYT: Manafort in debt to ...