Russia funded Facebook, Twitter investments through Kushner associate: leaked documents - News Summed Up

Russia funded Facebook, Twitter investments through Kushner associate: leaked documents


Two Russian state institutions with close ties to Vladimir Putin funded substantial investments in Twitter and Facebook through a business associate of Jared Kushner, leaked documents reveal. The investments were made through a Russian technology magnate, Yuri Milner, who also holds a stake in a company co-owned by Kushner, Donald Trump’s son-in-law and senior White House adviser. It may also raise new questions for the social media companies and for Kushner. The files show that in 2011, VTB funded a $191m investment in Twitter. About the same time, Gazprom Investholding financed an opaque offshore company, which in turn funded a vehicle that held $1bn-worth of Facebook shares.


Source: Pakistan Today November 05, 2017 18:56 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */