Institutions with close links to Kremlin financed stakes through business associate of Trump’s son-in-law, leaked files reveal
Putin has taken Trump’s advice to 'Buy American, Hire American'
The question now is, what will Facebook and Twitter do about their Russian state owners?
Here’s a quick summary. Read the articles for the details.
Yuri Milner and Putin’s VTB Bank and Gazprom
VTB Bank and Gazprom are Russia state owned companies. Russian state institutions are used as “tools for Putin’s pet political projects”
VTB Bank and Gazprom, owned stakes in Yuri Milner's DST Global funds that invested in Facebook and Twitter.
VTB funded a $191 million investment in Twitter
Gazprom Investholding financed an opaque offshore company, Kanton Services, which in turn funded a vehicle that held $1 Billion worth of Facebook shares
Both VTB and Gazprom are now under US sanctions
Milner once advised the Russian government on technology through a presidential commission chaired by Dmitry Medvedev, the former president and current prime minister
Yuri Milner has invested $7 Billion in more than 30 online companies including Airbnb, Spotify and the Chinese retailers Alibaba and JD.com.
Cadre: Yuri Milner, Jared and Joshua Kushner
Ryan Williams, a Goldman Sachs and Blackstone alum, co-founded Cadre along with Joshua Kushner and Jared Kushner
Yuri Milner invested $50 million in Cadre
Donald Trump’s billionaire adviser, Peter Thiel, is an investor in Cadre
Jared Kushner Hid One of His Companies on a Disclosure Form — Then Profited, Newsweek.
Paradise Papers: “The leak of 13.4m documents shows the scale of the offshore empire and involves everyone from the Queen to Facebook“