Thursday, July 5, 2018

Sanctioned Russian oligarch linked to Cohen has vast US ties

Long before Viktor Vekselberg was tied to a scandal over the president and a porn star, the Russian oligarch had been positioning himself to extend his influence in the United States.

Working closely with an American cousin who heads the New York investment management firm Columbus Nova, Vekselberg backed a $1.6 million lobbying campaign to aid Russian interests in Washington.

Spokesmen for Columbus Nova have told the AP that the firm's business relationship with Vekselberg has been indefinitely halted by the sanctions, which targeted Russian oligarchs accused by Treasury of playing "a key role in advancing Russia's malign activities."

A Russian citizen who has had a U.S. green card and homes in New York and Connecticut, Vekselberg once told an American diplomat he felt "Half-American." Vekselberg heads the Renova Group, a global conglomerate encompassing metals, mining, tech and other assets that is based in Moscow.

Vekselberg's cousin hired Trump's lawyer Michael Cohen as a consultant in January 2017, just months after Cohen paid off the adult film actress known as Stormy Daniels, who has alleged she had an affair with Trump.

The Columbus Nova spokesmen described Renova Inc. as a "Rep firm," a marketing company that represented Vekselberg's conglomerate in the U.S. They added that Intrater took on his Renova Inc. role as a client service to Vekselberg as part of his asset management role for the Russian.

The Treasury Department included a Russia-based corporate entity owned or controlled by Vekselberg in its sanctions, but warned that the list shouldn't be viewed as a complete inventory of companies linked to the oligarch.

https://apnews.com/5e533f93afae4a4fa5c2f7fe80ad72ac 

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