Manafort’s Cyprus Bank Accounts Subject Of Money Laundering Investigation: Report
Donald Trump’s former campaign manager Paul Manafort had over a dozen bank accounts on the tiny island nation of Cyprus that were investigated for money-laundering, according to a new report by NBC News.
The Trump associate had at least 15 bank accounts and 10 companies in Cyprus dating back to 2007.
According to NBC News, “Banking sources said some transactions on Manafort-associated accounts raised sufficient concern to trigger an internal investigation at a Cypriot bank into potential money laundering activities. After questions were raised, Manafort closed the accounts, the banking sources said.”
The investigation also found that in 2009 that “one of the 15 Manafort-associated bank accounts in Cyprus received a payment of a million dollars and left the account on the same day.” A flag for money laundering.
Cyprus’ Attorney General confirmed that the Cyprus money laundering division handed over information about Manfort’s financial activities to U.S. Treasury investigators.
The Associated Press recently also reported Manafort was paid $10 million-a-year by Russian oligarch Oleg Deripaska in order to influence politics and news coverage “to greatly benefit the Putin government.”
