Quantcast
Connect with us

House intel member heads to Russia’s money laundering island Cyprus to investigate Trump collusion

Published

on

Rep. Mike Quigley (D-IL) visited Cyprus this week as part of the House Intelligence Committee’s ongoing investigation into potential collusion between Donald Trump’s campaign and Russian operatives, The Daily Beast reports.

“Cyprus has a reputation as a laundromat for the Russians who are trying to avoid sanctions,” Quigley told The Daily Beast.

“The fact that Turkey, the U.S and Russia and other countries are really interested in Cyprus, because of its strategic location … the fact that Russians launder their money there to avoid sanctions, and the fact that key U.S. and Russia players were there—all make it really important for the Russia investigation,” Quigley explained in a separate interview with Crain’s Chicago.

ADVERTISEMENT

Though Quigley declined to go into specifics about what he investigated in Cyprus, several current or former Trump associates have links to the Mediterranean island.

In 2015, Trump’s commerce secretary Wilbur Ross served as vice-chairman of the Bank of Cyprus, and presided over a business deal with Russian banker Artem Avetisyan. As the Guardian reports, Avetisyan has ties to Russian President Vladimir Putin and a bank that, at the time, was under U.S. sanctions over Russia’s annexation of Crimea.

“The Russians laundered money to avoid (U.S.) sanctions” Quigley told Crains. “That makes it front-and-center in this investigation. . . .Sanctions are the possible motives for collusion.”

During Ross’s confirmation hearing, Democratic senators accused the White House of withholding information about ties to Bank of Cyprus. Among the questions the administration stonewalled was whether Ross was “aware of any contacts between any individuals currently or formerly associated with the Bank of Cyprus and anyone affiliated with the Trump presidential campaign or the Trump Organization.”

ADVERTISEMENT

Trump’s former campaign chief Paul Manafort also has links to the island. Manafort faces a U.S. Treasury Department probe stemming from his paid word with the pro-Russian Party of Regions. The federal anti-corruption probe is looking into disappearing Ukrainian assets after Russia intervened in 2014.

In Manafort-linked company received $1 million through the Bank of Cyprus—then-headed by Ross—from a mysterious firm; that transaction went through the Bank of Cyprus, and was split in half “to accounts with no obvious owner.” Documents released by a Ukranian lawmaker show Manafort laundered those payments to offshore accounts.

“It was extraordinarily helpful in understanding how the Russians launder money and why,” Quigley said of his trip to Cyprus.

ADVERTISEMENT

“I learned a lot. I’m still digesting,” he said.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Trump has figured out how to get taxpayers to renovate one of his golf courses: MSNBC panel

Published

on

President Donald Trump has figured out how to have taxpayers pay to renovate his Trump National Doral Miami golf course, according to an analysis by MSNBC's Stephanie Ruhle.

"Before setting himself on fire on Ukraine yesterday, Mick Mulvaney came into the White House briefing room to break to the nation the fact the that the Trump Doral golf resort turns out to be -- in his estimation, organically, just sitting there -- the best possible place to have a G-7 Summit of world leaders," MSNBC's Brian Williams reported. "That was provision number one. There’s no better place that we can find. Number two was, the president will not profit from said G-7."

Continue Reading

Breaking Banner

Bill Maher reveals plan to ‘bribe’ Trump with one billion dollars — for him to leave office

Published

on

The Constitution has two mechanisms to remove President Donald Trump from office prior to his term ending on January 20, 2021: impeachment and the 25th Amendment.

HBO "Real Time" host Bill Maher noted that Trump could also choose to resign.

Maher waved around a $1 million check that he said he would give to Trump to quit.

He said he also knew 1,000 people who would do the same -- which would land Trump over $1 billion.

Maher said even poor people would pawn their wedding rings to add to the pot.

Watch:

Continue Reading
 

Breaking Banner

Trump can’t fire Mulvaney because nobody else wants to be his chief of staff: report

Published

on

White House Chief of Staff Mick Mulvaney will likely stay on at the White House despite his public confession of a quid pro quo in the Ukraine scandal at the center of the impeachment inquiry, The New York Times reported Friday.

"But Mr. Mulvaney’s job has been anything but normal since the news conference on Thursday at which he seemingly undermined the Trump administration’s strategy for avoiding impeachment by acknowledging that Mr. Trump had sought a quid pro quo for providing Ukraine with American aid," the newspaper reported. "In the chaotic aftermath, the president’s Republican allies are questioning Mr. Mulvaney’s savvy and intelligence even as the Trump campaign is defiantly turning one of his lines from the news conference into a T-shirt."

Continue Reading
 
 
Help Raw Story Uncover Injustice. Join Raw Story Investigates for $1 and go ad-free.
close-image