Quantcast
Connect with us

Forget the politics — for now: Follow the flowing money in the Ukraine scandal

Published

on

The Ukraine scandal is mostly viewed through the prism of politics — an attempt by President Donald Trump to gain an advantage over a political opponent. But, as most things are, it’s also about money — and we found lots of it flowing between key players in the scandal.

On this week’s episode of “Trump, Inc.,” we follow the money.

First, Let’s Meet Our Cast of Ukraine Players

Richest among them is Dmitry Firtash, an oligarch who has been battling to avoid an extradition flight to Chicago, where he faces federal charges of bribery. The Department of Justice has described Firtash as an “upper-echelon” associate “of Russian organized crime.” (He denies the charges and says the prosecution is politically motivated.)

ADVERTISEMENT

Firtash made his fortune as a behind-the-scenes middleman selling heavily marked-up Russian gas to Europe. So he wasn’t happy when Vice President Joe Biden pushed Ukraine to roll back corruption. After Biden gave a speech in Kyiv, Ukraine, in 2015 saying the energy sector “needs to be competitive, ruled by market principles — not sweetheart deals,” Firtash called it “repulsive.”

Firtash hired attorneys Victoria Toensing and Joe diGenova, who frequently appear on TV defending Trump over Ukraine. The two also represent journalist John Solomon, whose stories ended up spreading Ukraine disinformation.

And then there’s Lev Parnas, who translated for Firtash’s legal team and is an associate of Trump’s personal attorney, Rudy Giuliani. “I’m the best-paid interpreter in the world,” Parnas reportedly said.

Parnas and his partner Igor Fruman were indicted in October over allegedly funneling foreign money into U.S. elections. (They deny the charges.)

Firtash and the rest of the Ukraine players have all been busy with a flurry of intertwined business ventures. Let’s take a look:

ADVERTISEMENT

Business Venture No. 1: Natural Gas and the Firing of an Ambassador

At the same time Parnas and Fruman were suddenly becoming big Republican donors, they were trying to leverage those new political connections to advance their needs in the natural gas industry in Ukraine. Their goals would have been very profitable for Firtash.

It didn’t work. But they did get something else they were pushing for, specifically, the firing of U.S. Ambassador Marie Yovanovitch. “They were interested in having a different ambassador at post, I guess for — because they wanted to have business dealings in Ukraine, or additional business dealings,” Yovanovitch testified. “I didn’t understand that, because nobody at the embassy had ever met those two individuals.”

Business Venture No. 2: Submarines, Yachts, Real Estate and Other Things Rich People Like

Fruman, we’ve learned, has an interesting company, Otrada Luxury Group, that appears to be catering to those with lots of disposable income. A partial list of goods, according to the company’s brochure: jewelry and expensive watches, yachts, speedboats, private planes, high-end real estate and, of course, submarines and amphibious vehicles.

ADVERTISEMENT

We went to the U.S. address listed on a brochure. It’s a rent-by-the-hour office. No one there seemed to know of Fruman or Otrada.

Business Venture No. 3: Cybersecurity Consulting Starring Giuliani

An intriguingly named company owned by Parnas, Fraud Guarantee, paid Giuliani $500,000 for consulting. The Wall Street Journal dug into the company and could find no actual business or customers. Giuliani said the money came from a domestic source, but he declined to say from whom.

ADVERTISEMENT

Business Ventures No. 4 and No. 5: Giuliani’s Podcasts

As ProPublica has reported, Giuliani was also working on a podcast with The Hill, the publication that ended up passing along Ukraine disinformation. Giuliani said he was “never paid” for the work and said it was a “perfectly legitimate situation.” The Hill said it had been planning a “podcast network with a multitude of political voices from all sides.”

Although nothing came of that effort, Giuliani is still apparently looking to get into the podcast game. He was overheard during a recent lunch discussing a potential podcast focused on the impeachment. “He is considering several options,” a Giuliani spokeswoman told CNN. “Many Americans want to hear directly from Rudy Giuliani.”

And Then There Is the Jewish Refugee Charity

Fruman is also at the helm of a U.S.-based nonprofit that raises money for a Jewish refugee settlement outside Kyiv. The nonprofit, American Friends of Anatevka, sponsored a trip Giuliani was planning to take to Ukraine to dig up dirt on Trump’s opponents. Giuliani is also the settlement’s honorary mayor. American Friends of Anatevka is currently advertising a million-dollar match for donations. Its tax returns show it had less than $1,500 in income in 2017.

ADVERTISEMENT

Listen to it all unfold here.

Filed under:


ADVERTISEMENT

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

Facebook

Rick Wilson: Doug Collins is a ‘screeching histrionic drama queen’ who’s ‘waving’ his ‘junk around’

Published

on

Republican strategist Rick Wilson had a few carefully chosen words for the Ranking Member of the House Judiciary Committee, Rep. Doug Collins, Thursday night after a 13-hour day of impeachment debate that featured repeated outbursts, stonewalling, and theatrics from the Republican Member from Georgia.

"I don't want to say that Doug Collins is a screeching, histrionic drama queen, because that would insult screeching, histrionic drama queens," Wilson said on MSNBC's "The 11th Hour," "but this whole thing is a bad faith effort, performative in every way."

Wilson, author of the book, Everything Trump Touches Dies, was far from done.

Continue Reading

Breaking Banner

Trump is wallowing in ‘self-pity’ even though McConnell promised to protect him: Morning Joe

Published

on

Appearing on MNBC's "Morning Joe," New York Times reporter Peter Baker said Donald Trump is wallowing in "self-pity" that fluctuates with "combativeness" as he worries about the effect being impeached will have on his legacy.

Speaking with host Joe Scarborough, Baker filled in the blanks from his Times report, saying the president is obsessed with the impeachment hearings and Senate trial still to come.

Asked by host Scarborough about Trump's "humiliation," Baker said, "He can count on the Republican-controlled Senate to hold the trial where he seems almost certain to be acquitted, or at least see the charges dismissed in some fashion."

Continue Reading
 

Breaking Banner

WATCH LIVE: House holds historic vote on the impeachment of Donald Trump

Published

on

After a 14-hour House Judiciary Committee Thursday hearing considering the impeachment of Donald Trump, Democrats and Republicans on the committee will reconvene once again Friday morning where they are expected to finally vote on the articles of impeachment before sending them to the House floor for a full vote scheduled for next week.

According to NBC, "In a surprise move, Judiciary Committee Chairman Jerrold Nadler delayed the vote until Friday morning at 10 a.m. after more than 14 hours of debate. There were five votes on Thursday: one to eliminate the first article on abuse of power, a second to strike a reference to former Vice President Joe Biden, a third to note the aid withheld from Ukraine was eventually released, a fourth to strike entire second amendment on obstruction of Congress and a fifth to strike the last lines in each article. All were voted down and along party lines."

Continue Reading