According to a report from The Guardian, Commerce Secretary Wilbur Ross has been shown to be doing business with Vladimir Putin’s son-in-law through a shipping venture based out of Russia.
The President Donald Trump appointee has been revealed through leaked documents and public filings to have a substantial holding in the shipping company, Navigator, through a maze of offshore investments. The report states that Navigator works in conjunction with with Sibur, a Russian gas company partly-owned by Kirill Shamalov, husband of Putin’s daughter Katerina.
According to the report, Ross still owns the investment almost a year after being tapped to head up the Commerce Department.
During his vetting process, Ross told investigators that he was keeping a pair of obscurely named holding companies -- without specifying them -- and no further investigation was ordered.
You can read the whole report, based on the Paradise Papers, here.
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