Tags: manafort | sued | russian | billionaire

Manafort Sued by Russian Billionaire Deripaska Over Ukraine Deal

Manafort Sued by Russian Billionaire Deripaska Over Ukraine Deal
(AP)

Wednesday, 10 January 2018 02:18 PM

Former Trump campaign manager Paul Manafort was sued by a company tied to Russian billionaire Oleg Deripaska, who claims he was defrauded after investing $18.9 million in a Ukrainian cable television venture.

The suit, filed Wednesday in New York state court by Deripaska's Surf Horizon Ltd., claims Manafort and his former associate, Rick Gates, used the investment as "their personal piggy banks," moving funds in and out "without any apparent business reason."

Deripaska previously sued in courts in Virginia and the Cayman Islands in cases that are no longer pending. The new fraud case relies in part on allegations in a U.S. money-laundering indictment against Manafort and Gates, brought on Oct. 27 by Special Counsel Robert Mueller.

© Copyright 2018 Bloomberg News. All rights reserved.

   
1Like our page
2Share
Newsfront
Former Trump campaign manager Paul Manafort was sued by a company tied to Russian billionaire Oleg Deripaska, who claims he was defrauded after investing $18.9 million in a Ukrainian cable television venture.
manafort, sued, russian, billionaire
117
2018-18-10
Wednesday, 10 January 2018 02:18 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved