Former Trump campaign manager Paul Manafort exchanged at least $60 million with Russian oligarch: report
A new investigation reveals that former Donald Trump campaign manager Paul Manafort has exchanged at least $60 million with Kremlin-tied Russian billionaire Oleg Deripaska.
The investigation conducted by NBC News reveals two loans, valued at $26 million and $7 million, from Deripaska to Cyprus-based companies tied to Manafort.
“Money launderers frequently will disguise payments as loans,” Stefan Cassella, a former federal prosecutor, told NBC. “You can call it a loan, you can call it Mary Jane. If there’s no intent to repay it, then it’s not really a loan. It’s just a payment.”
Manafort has been in the news regularly in the last few months as Special Counsel Robert Mueller’s team investigates his ties to the Kremlin as part of their probe into Russia. This latest information confirms that the former campaign chairman has even more financial ties to Deripaska than previously known.