Trump’s senior adviser, Kellyanne Conway, recently told reporters that there is no Trump-branded tower in Moscow, so they should stop the speculation. No crap Sherlock we all know that. A new report found that the Trump Organization cannot be accused of inaction when it comes to striking lucrative deals with Russia.
Russian Trump Tower
Besides Trump’s expensive real estate dealings with Russian oligarchs, his organization tried to link at least three deals in Russia. Trump and his family tried building a condo and a Trump hotel in the Russian capital’s business district.
The Trump Organization negotiated the project three times over the last decade, but with no success. So, Conway was right that “no deal was made” and that “Trump has no business dealings” in Russia. But that wasn’t for lack of trying.
An investigative report found that Trump’s company attempted to move forward with the real estate developments in 2005, 2013, and in 2015 during the primaries. Oh look Hurricane Katrina happened in 2005, so here Trump was negotiating business plans instead of helping hurricane victims.
Trump’s Adult Children Involved in the Negotiations
Ivanka Trump and Don Jr. reportedly were very involved in the negotiations and traveled extensively to Moscow to perfect the deals.
However, Trump first explored some business opportunities in Moscow in the late 1980s. In 2005, he was able to strike a short-lived deal with a company led by a controversial business associate, Felix Sater, in a bid to turn an old plant into a luxury venue.
The venture was unsuccessful, and Trump blamed journalist Tim O’Brien who speculated in his book “TrumpNation” that the real estate mogul was worth far less than he said. Trump accused O’Brien of scaring away his business associates from Russia.
Years later, Don Jr. admitted that many of the family’s real estate projects had been built with “money pouring in from Russia” to the Trump Organization. The younger Trump also said that he preferred doing business in Moscow than in any other city in the world.
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