A Russian state-owned bank under US sanctions helped financed the construction of the president's 65-story Trump International Hotel and Tower, a new report said. A Russian state-owned bank under US sanctions, whose CEO met with President Donald Trump’s son-in-law in December, helped financed the construction of the president’s 65-story Trump International Hotel and Tower in Toronto, according to a new report.
The bank, Vnesheconombank (VEB), bought $850 million of stock in a Ukrainian steelmaker from billionaire Russian-Canadian developer Alexander Schnaider, who was constructing the hotel at the time, The Wall Street Journal reported on Wednesday.
Shnaider initially purchased the …read more
Source: Pulse Nigeria
