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Wall Street Funds Hold Hundreds of Millions in Sanctioned Russian Bank Subject to Kushner Probe
By Pam Martens and Russ Martens
Global Research, May 31, 2017
Wall Street On Parade
Url of this article:
https://www.globalresearch.ca/wall-street-funds-hold-hundreds-of-millions-in-sanctioned-russian-bank-subject-to-kushner-probe/5592710

The 2017 Memorial Day weekend will inevitably go down in history as the three-day span when remembrances of our military veterans took a media backseat to President Trump’s son-in-law, Jared Kushner, and everything Russian.

One of the key areas under multiple probes is a meeting Kushner held in December with Sergey Gorkov, the Chairman of Vnesheconombank (VEB), a Russian state-owned bank which has been under U.S. sanctions since July 2014 for Russia’s annexation of Crimea and aggression in Ukraine. What this meeting was about has yet to be officially determined.

Reuters reported on Saturday that

“FBI investigators are examining whether Russians suggested to Kushner or other Trump aides that relaxing economic sanctions would allow Russian banks to offer financing to people with ties to Trump, said the current U.S. law enforcement official.”

Financial dealings with a Russian bank that remains under U.S. sanctions can result in serious penalties – or not. Wall Street On Parade conducted research into filings made at the Securities and Exchange Commission for fixed income securities issued by Vnesheconombank and found that some of the biggest names in Wall Street banking and mutual funds in the U.S. hold, cumulatively, hundreds of millions of dollars in notes and bonds issued by the Russian bank.

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