Skip to content
Search AI Powered

Latest Stories

FBI Raid on Trump's Favorite Russian Oligarch Should Make 'Moscow Mitch' Very Nervous

FBI Raid on Trump's Favorite Russian Oligarch Should Make 'Moscow Mitch' Very Nervous
Alex Wong/Getty Images

The blood pressure of the Senate Minority Leader and one former manager of the Trump Campaign must have shot higher yesterday as news broke of FBI action at the U.S. residence of Russian oligarch Oleg Deripaska, as well as an FBI search of a property related to him in New York. While it's too soon to know what the action was hoping to unearth, political watchers raised collective eyebrows at the development. Here are two key reasons:

Deripaska is at the center of a sanctions scandal involving Mitch McConnell


In 2018, acting at the request of then National Security Advisor H.R. McMaster, who was on his way out of the Trump White House, the Treasury Department imposed sanctions on Deripaska and his aluminum company, Rusal. The company's stock tanked 50 percent on the news. The move was part of a broad set of sanctions against Russian oligarchs. As for Deripaska specifically, according to the Treasury, he had been "investigated for money laundering, and has been accused of threatening the lives of business rivals, illegally wiretapping a government official, and taking part in extortion and racketeering."

But by 2019, Trump moved to lift the sanctions and cut a deal with Deripaska, despite a key Senate Intelligence Committee report having described him as a "proxy for the Russian state and intelligence services." Outraged Democrats moved to stop the White House. But when the Senate began debating the sanctions, McConnell played a key role in persuading his GOP colleagues to back him, and together they blocked the Democratic-backed efforts. The sanctions went away.

Three months later, there was an unusual coincidence: Rusal announced a major deal to buy a 40 percent stake in a new American aluminum plant—in Ashland, Kentucky, McConnell's home state. McConnell stated he was unaware of Rusal's interest in the factory at the time the sanctions bill debate was occurring, but the alarming timing of these events earned McConnell the moniker "Moscow Mitch."

Deripaska Worked With Paul Manafort Through a Kremlin Agent

As if this wasn't enough, Deripaska was also a key figure in the shady dealings of Paul Manafort, the former Trump Campaign manager who went to prison on a seven and a half year sentence and ultimately refused to cooperate with investigators, but was among those pardoned by Trump on his way out of office. Manafort once received $10 million in funds from Deripaska, who was communicating and apparently sending instructions via another character wanted by the FBI named Konstantin Kilimnik, with whom Manafort worked closely.

Specifically, according to reporting by The Guardian, Manafort met with Kilimnik on August 2, 2016 in New York just days after Kilimnik had met with Deripaska in Moscow. According to documents later revealed in Manafort's court case, these talks in New York came shortly after Kilimnik said he needed to brief Manafort on the Deripaska meeting. We know this now because Kilimnik used not-very-secret-code that identified Deripaska, saying he had just spent hours with the man "who gave you your biggest jar of black caviar several years ago." Kilimnik's email stated Deripaska wanted Kilimnik to convey "several important messages from him to you." These messages apparently included "peace plans" for Ukraine, which Russia earlier had invaded.

The Manafort-Kilimnik connection was essentially a Putin-Trump connection using Deripaska as the go-between.

According to Steven Hall, a retired CIA chief of Russia operations, in comments to The Guardian:

"Deripaska is a key lieutenant and a significant oligarch in Putin's oligarch system. Deripaska would get his marching orders from the Kremlin about what Russia wanted, including lifting of sanctions and a resolution of the situation in Ukraine that favored Russia." Hall added, "It seems likely the chain of communication would have been Putin to Deripaska to Kilimnik to Manafort."

Like the raid on Giuliani's home and office, the Deripaska raids are backed by search warrants where judges already have agreed there is probable cause to believe evidence of crime can be found at the properties. We aren't likely to hear much more about these FBI actions for some time as investigators continue to piece together evidence; yet is certainly no small matter—to Manafort, McConnell or Trump—that Deripaska is back in the news as a target of the FBI.

--

For more political analysis, subscribe to the Status Kuo newsletter.

More from News

Pedro Pascal; JK Rowling
Toya Sarno Jordan/Getty Images for Disney; Dave J Hogan/Getty Images

Pedro Pascal Opens Up About Why He Called Transphobe JK Rowling A 'Heinous Loser'

Actor Pedro Pascal recently explained why he said Harry Potter author and anti-trans activist JK Rowling behaves like a "heinous loser," and suffice it to say he has absolutely no regrets.

The comment came in reference to Rowling gloating over the U.K. Supreme Court's recent decision to define what exactly constitutes a "woman" in the eyes of U.K. law, a decision that subjects trans people to violence, among other problems.

Keep ReadingShow less
JD Vance
Johannes Simon/Getty Images

Vance Dragged After Making Cringey Middle Finger Joke About 'Pink-Haired People' At GOP Dinner

Vice President JD Vance was criticized profusely after he attempted to make a joke mocking liberals during his appearance at the Ohio Republican Party dinner this week—only to have people calling out his lack of class for holding up his middle finger as he delivered the punchline.

Vance was in the middle of giving the event's keynote speech when he said the following:

Keep ReadingShow less
Donald Trump
Beata Zawrzel/NurPhoto via Getty Images

Trump Ripped After Posting Disturbing Parody Music Video About His Attack On Iran

President Donald Trump is facing harsh criticism after he shared a music video featuring the 1980 song "Bomb Iran"—a parody of The Regents song "Barbara Ann" that is best known for being covered by the Beach Boys—amid a ceasefire between Israel and Iran that could further inflame tensions in the Middle East.

The controversial parody song by Vince Vance & the Valiants plays over footage of B-2 stealth bombers, the same aircraft used to drop 14 GBU-57 bunker-buster bombs on Iranian nuclear facilities, including the Fordow enrichment plant, Natanz complex, and Isfahan site.

Keep ReadingShow less
Donald Trump; Zohran Mamdani
Omar Havana/Getty Images; Michael M. Santiago/Getty Images

Trump Just Tried To Slam Zohran Mamdani's Looks And Voice—And It Was Projection At Its Finest

President Donald Trump lashed out at Zohran Mamdani after the 33-year-old democratic socialist handily defeated former New York Governor Andrew Cuomo in New York City's Democratic mayoral primary on Tuesday—only to be called out for projecting his own feelings of inadequacy onto the star candidate.

Mamdani ran a campaign centered around economic populism, arguing that the city, a global financial center, has grown unaffordable for everyday residents, citing soaring rents and grocery prices, and outlining policies aimed at reducing the cost of living.

Keep ReadingShow less
salad
Anna Pelzer on Unsplash

Doctors Explain Which Seemingly 'Healthy' Foods Aren't All That Good For Us

Every day it seems like some new health fad pops up.

Eat this, don't eat that.

Keep ReadingShow less