President Was Bailed Out Of 2008 Financial Crisis By Russian Lenders

PA
Like
Like Love Haha Wow Sad Angry

Days before taking office, Mr Trump said Russia had never had any ‘levarage’ over him

The former head of MI6 has said Donald Trump borrowed money from Russia for his business during the 2008 financial crisis.

Richard Dearlove told Prospect Magazine that “what lingers for Trump may be what deals – on what terms – he did after the financial crisis of 2008 to borrow Russian money” when other banks and lenders would not risk the money, given Mr Trump’s history of bankruptcy.

Mr Dearlove alleged the money was used by Mr Trump to prop up his real estate empire, which was hit hard by the financial crisis. It is not illegal to borrow money from Russian entities but Mr Dearlove, who left government in 2004, did not provide any evidence to support his claim in the interview.

Just days before taking office Mr Trump tweeted that Russia has never had “leverage” over him.

Mr Trump also recently said US-Russia relations may be at an “all-time low” following the US air strike in Russian-allied Syria after a chemical attack in the Idlib province.

Robert Amsterdam, a lawyer at international law firm Amsterdam & Partners with considerable experience in Russian affairs, told The Independent there was “no question” that US intelligence agencies and the FBI had information about Trump’s financial dealings with Russian entities prior to the 2016 US election.

read more at independent.co.uk

What Are Your Thoughts?

comments

About Chuck Berry

Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!

Related posts

TedsWoodworking Plans and Projects