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Huge Manafort payment reflects murky Ukraine’s politics, - NYT
08:48, 16 July 2017
Huge Manafort payment reflects murky Ukraine’s politics, - NYT

Manafort was not accused of violating any laws on income received from cooperation with Ukrainian Party of Regions

08:48, 16 July 2017

Open source

Paul J. Manafort, President Trump’s former campaign chairman, recently filed financial reports with the Justice Department showing that his lobbying firm earned nearly $17 million for two years of work for a Ukrainian political party with links to the Kremlin. This was reported by the New York Times agency.

Curiously, that was more than the party itself reported spending in the same period for its entire operation — the national political organization’s expenses, salaries, printing outlays and other incidentals.

The discrepancies show a lot about how Mr. Manafort’s clients — former President Viktor F. Yanukovych of Ukraine and his Party of Regions — operated.

And in a broader sense, they underscore the dangers that lurk for foreigners who, tempted by potentially rich payoffs, cast their lot with politicians in countries that at best have different laws about money in politics, and at worst are, like Ukraine in those years, irredeemably corrupt.

Related: Belize authorities investigates money laundering by Yanukovych and Manafort

Mr. Yanukovych was driven from office in the Maidan Revolution of 2014, after having stolen, according to the current Ukrainian government, at least $1 billion. In the years before his fall, Mr. Manafort took lavish payments to burnish the image of Mr. Yanukovych and the Party of Regions in Washington, even as the party acknowledged only very modest spending.

As it was reported earlier U.S. Senate plans to call Paul Manafort to testify. Judiciary chairman will call Manafort to testify, threatens subpoena.

Related: Financial statements confirmed that Manafort received $1.2 million from Party of Regions, — AP

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