In the middle of December, President Donald Trump’s son-in-law Jared Kushner met the CEO of Russian Vnesheconombank (VEB), Sergei Gorkov, in New York. He had kept this meeting secret, but in March the New York Times revealed that it had in fact happened. Some of the speculation in the media focuses on the possibility that Kushner met with Gorkov in order to procure investments or loans for the redevelopment of an over-leveraged property on Manhattan’s Fifth Avenue. In that context, VEB is usually presented as a state bank. But in truth, VEB it is neither state-owned, nor is it really …read more
Source: The American Interest
