Earlier, the Wall Street Journal discovered that a small Chicago bank had loaned former campaign manager Paul Manafort and his companies about $16 million soon after Donald Trump had won the presidency—a number that aroused prosecutor suspicion because it represented about a quarter of the bank’s available capital, seemingly a high-risk venture for a small bank.
Now we may have a better idea of why he needed that money?
Financial records filed last year in the secretive tax haven of Cyprus, where Paul J. Manafort kept bank accounts during his years working in Ukraine and investing with a Russian oligarch, indicate that …read more
Source: Daily Kos