Oleg Deripaska-Linked Firm Was Raided for Undisclosed U.S. Inquiry
Source: Bloomberg.com
U.S. prosecutors are seeking records from a company associated with Russian billionaire Oleg Deripaska as part of a previously unreported investigation, according to documents filed in a London court.
The investigators are seeking evidence of money laundering, tax offenses and fraud offenses from 18 individuals and companies including Terra Services Ltd., a real estate firm that until last year was controlled by Deripaska, according to documents filed this week.
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The U.S. probe grew out of Special Counsel Robert Muellers investigation of Russian election interference, according to the filings. It is live and ongoing, according to a document filed Thursday by the U.K. government.
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Muellers team ended its work earlier this year, referring several matters to other U.S. prosecutors. Many of those havent been made public. Parts of Muellers report dealing with Manafort and Gates are redacted to avoid interfering with unspecified ongoing investigations.
Read more: https://www.bloomberg.com/news/articles/2019-10-18/deripaska-linked-firm-was-raided-for-undisclosed-u-s-inquiry
Bernardo de La Paz
(48,988 posts)dixiegrrrrl
(60,010 posts)He is very connected to Russian Godfather, Semion Mogilevich.
Putin works for him.
Both men had worked in an unspecified capacity for Firtash before Parnas joined the Ukrainians legal team, according to a person familiar with the Florida mens business dealings with Firtash.
Firtash, one of Ukraines wealthiest businessmen, is battling extradition by U.S. authorities on bribery charges from Vienna, where he has lived for five years.
Federal prosecutors in Illinois said in court papers in 2017 that Firtash was an upper-echelon associate of Russian organized crime. He was indicted in 2013 and charged with bribing Indian officials for access to titanium mines. Firtash has denied any wrongdoing.
Firtash was financing the activities of Parnas and Fruman, the source familiar with their business dealings said. The source did not detail their specific work for the oligarch or how much money he had paid them and over what period.
Mc Mike
(9,114 posts)That's what really frosts me about the Feds and counterintel, and the non-politized Justice Dept people. It definitely is as bad as or worse than alleged, all these criminal treasonous moves. Evidence is so overwhelming, these guys have so much surveillance capacity and latitude. How does it take 3 years to round up and charge the Rump treasoncrime gang?
Bernardo de La Paz
(48,988 posts)The standards of proof for the courts are very high, in order to protect defendants we or anybody else doesn't like.
Further, the gang is skilled at hiding transactions with numbered companies that have to be all unwound and tracked down, if you want to follow the money as the time honored phrase advises.
More, while the Intell and counterintell communities can know a fact, they sometimes need to find that fact a second way that does not reveal sources and methods used the first way.
Beyond even that, the people of the country (it's their country) need to be convinced and many of them are low-info and swayed by emotion, not facts. So the facts have to be so overwhelming that the emotional resistance is swamped.
tRump is impatient. The US is better than tRump. Don't be a tRump.
Mc Mike
(9,114 posts)I just remember how quick the feds used their stingray technology to round up the anti-G-20 activists who coordinated their peaceful legal protests here in Pittsburgh with their cellphones. Done and dusted, super quick.
Justice delayed can be justice denied. The guy's a treasonous crook, how is justice served by letting him serve almost his full term, already? He tells us he's guilty, openly, onstage with a bullhorn, in front of international media cameras, with public pronouncements.
Agree about protecting sources, and also about swaying public opinion.
I'll try to avoid tRumpism, like the plague.
genxlib
(5,524 posts)Sanctions got lifted from his company and he promptly made a huge investment to open an aluminum plant in Kentucky.
https://www.newsweek.com/company-russian-oligarch-millions-aluminum-plant-mitch-mcconnell-1397061
crickets
(25,962 posts)AUG2019 A Kremlin-Linked Firm Invested Millions in Kentucky. Were They After More Than Money?
What worries national-security experts is not that Rusal, Braidy or Deripaska broke any laws in the deal. Its that they didnt. A TIME investigation found that Rusal used a broad array of political and economic tools to fight the sanctions, establishing a foothold in U.S. politics in the process. You cannot go against them in a policy decision, even though its in our national interest, when they have infiltrated you economically, says Heather Conley, who served as a Deputy Assistant Secretary of State under President George W. Bush. They use our laws, our rules, our banks, our lawyers, our lobbyistsits a strategy from within.
To free itself from sanctions, Rusal fielded a team of high-paid lobbyists for an intense, months-long effort in Washington. One of the targets was Kentuckys own Mitch McConnell, the Senate majority leader, who helped thwart a bipartisan push to keep the sanctions in place. Since May, two of McConnells former staffers have lobbied Congress on behalf of Braidy, according to filings. Ahead of the 2018 midterm elections, one of Rusals longtime major shareholders, Len Blavatnik, contributed more than $1 million through his companies to a GOP campaign fund tied to McConnell.
Deripaska denies he has interest in meddling in U.S. affairs. If they didnt touch me, I wouldnt have to be so interested in U.S. politics, Deripaska told TIME in February, after attending a panel with U.S. lawmakers in Munich. But here I am, he added with a smile.
Bolding is mine. Len Blavatnik is another name to watch for.
JAN2019 Major GOP donor Len Blavatnik had business ties to a Russian official
OCT2019 Money Talks: Len Blavatnik And The Council On Foreign Relations
SunSeeker
(51,550 posts)Pepsidog
(6,254 posts)gab13by13
(21,304 posts)Don't forget all we saw was a redacted Mueller report. We never saw any grand jury testimony. I can't condemn Mueller when I haven't seen entire report.
liberalla
(9,237 posts)Investigations that Mueller referred to individual jurisdictions?
It's been so frustrating the amount of time it takes... Well Hallelujah! More is being revealed and not a moment too soon. Still just the tip of the iceberg and much more come. Let it rain!
ProudMNDemocrat
(16,783 posts)For a $200 Million dollar investment in an Aluminum plant in Kentucky? Does one think ole Oleg is giving away that money because he has such a big heart? Or did Moscow Mitch just mortgage the farm for that sweet deal?
machoneman
(4,006 posts)The closer we get to Election Day with all these indictments and hopefully some guilty verdicts added to a later breaking impeachment sent to the Senate + far more defections from the WH staff and Cabinet + more whistle-blowers on new law breaking = a greater chance we win the Senate as well.
Whew!
usaf-vet
(6,181 posts)Remember Justice Alito mouthing "not true" when Obama said the Citizen United would bring in foreign money to our elections.
President Obama warned that Citizen United would open the door to foreign money spent to influence our elections.
HE WAS RIGHT!
The recent guilty plea by Maria Butina for her scheme to use Russian money to impact U.S. politics including, potentially, part of the $30 million that the National Rifle Association spent to support President Trumps election has led to a renewed discussion of the warnings that Hillary Clinton campaigns gave about foreign influence during the 2016 campaign.
https://www.washingtonpost.com/opinions/2018/12/21/justice-alito-you-owe-president-obama-an-apology/
ProudMNDemocrat
(16,783 posts)Until Trump.....
usaf-vet
(6,181 posts)George II
(67,782 posts)Botany
(70,489 posts)SANCTIONED RUSSIAN OLIGARCH'S COMPANY TO INVEST MILLIONS IN NEW ALUMINUM PLANT IN MITCH MCCONNELL'S STATE
https://www.newsweek.com/company-russian-oligarch-millions-aluminum-plant-mitch-mcconnell-1397061
Rusal, the aluminum company partially owned by Russian oligarch Oleg Deripaska, announced plans to invest around $200 million to build a new aluminum plant in Kentucky just months after the Trump administration removed it from the U.S. sanctions list.
The new aluminum plant, slated to be built in the home state of Senate Majority Leader Mitch McConnell, will be the biggest new aluminum plant constructed in the U.S. in decades. Rusal will have a 40 percent stake in the facility.
"Rusal, one of the leading global aluminium producers, and Braidy Industries Inc., a U.S. base holding company which owns both Veloxint, an MIT-incubated lightweighting solutions company, and NanoAl, a Northwestern University incubated materials research and technology company, announce an intent to establish a joint project in Ashland, Kentucky, USA to produce flat-rolled aluminium products for the U.S. automotive industry," according to a company press release.
The U.S. removed Rusal from its sanctions list in January, after the Treasury Department struck an agreement with the company that saw Deripaska, a close ally of Russian President Vladimir Putin, reduce his stake in the company to below 50 percent and lower his voting rights to below 35. The agreement requires the companies to report any contact between Deripaska and company affiliates, including members of the board.
McConnell was among the advocates for lifting sanctions on Rusal, arguing that the deal with Treasury would maintain pressure on Deripaska personally without disrupting global aluminum supplies.
Baitball Blogger
(46,699 posts)George II
(67,782 posts)...Tad Devine (eventually Sanders' campaign manager) several years ago?
Sedona
(3,769 posts)Hi Rachel!