Friday, April 20, 2018

Trump fundraiser offered Russian gas company plan to get sanctions lifted for $26 million

For $26 million, Elliott Broidy said he could get the Trump administration to lift sanctions from a Russian natural gas company. The deal appears never to have been consummated, but we have details of the talks, and a roadmap on how he would do it, in a story we just published.

TRUMP FUNDRAISER OFFERED RUSSIAN GAS COMPANY PLAN TO GET SANCTIONS LIFTED FOR $26 MILLION

By Ryan Grim and Alex Emmons

SHORTLY AFTER PRESIDENT Donald Trump was inaugurated last year, top Republican fundraiser Elliott Broidy offered Russian gas giant Novatek a $26 million lobbying plan aimed at removing the company from a U.S. sanctions list, according to documents obtained by The Intercept.

Broidy is a Trump associate who was deputy finance chair of the Republican National Committee until he resigned last week amid reports that he had agreed to pay $1.6 million to a former Playboy model with whom he had an affair. But in February 2017, when he laid out his lobbying proposal for Novatek, he was acting as a well-connected businessman and longtime Republican donor in a bid to help the Russian company avoid sanctions imposed by the Obama administration. The 2014 sanctions were aimed at punishing Russia for annexing Crimea and supporting pro-Russia separatists in eastern Ukraine.

In February 2017, Broidy sent a draft of the plan by email to attorney Andrei Baev, then a Moscow- and London-based lawyer who represented major Russian energy companies for the firm Chadbourne & Parke LLP. Baev had already been communicating with Novatek about finding a way to lift U.S. sanctions.

Broidy proposed arranging meetings with key White House and congressional leaders and generating op-eds and other articles favorable to the Russian company, along with a full suite of lobbying activities to be undertaken by consultants brought on board. Yet even as he offered those services, Broidy was adamant that his company, Fieldcrest Advisors LLC, would not perform lobbying services but would hire others to do it. He suggested that parties to the deal sign a sweeping non-disclosure agreement that would shield their work from public scrutiny.

The plan is outlined in a series of emails and other documents obtained by The Intercept.

FULL STORY



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