Sunday, August 27, 2017

Trump’s firm sought Moscow real estate deal during presidential run: Washington Post

Trump’s company was pursuing a Moscow real estate deal while he was running for U.S. president in late 2015 and early 2016, the Washington Post reported on Sunday.

The Post report cited people familiar with the proposal and records viewed by Trump Organization lawyers.

The newspaper said investors and Trump’s company had signed a letter of intent to build a Trump Tower in Moscow but the project, lacking land and permits, was abandoned at the end of January 2016, just before the U.S. presidential primaries began, according to several people familiar with the proposal.

The White House initially referred Reuters’ queries to White House special counsel Ty Cobb and later to the Trump Organization. Neither responded immediately to a request for comment.

The Washington Post report comes amid investigations by an independent special counsel and congressional committees into whether Trump campaign aides colluded with Moscow to influence the 2016 U.S. election. Trump and the Russian government have denied any collusion.

In July 2016, Trump denied business connections with Russia and said on Twitter: “for the record, I have ZERO investments in Russia.” He told a news conference the next day: “I have nothing to do with Russia.”

Discussions about the Moscow project began in earnest in September 2015…

Source: Trump’s firm sought Moscow real estate deal during presidential run: Washington Post


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