Trent Lott firm makes fortune as lobbyist for the Kremlin

2015/5/21 12:59:03

The former Senate majority leader's company made $450,000 from a Russian state-controlled bank that was the target of sanctions. Is the Kremlin money spent on Washington lobbying paying off in the White House’s timidity in support of Ukraine and other ways?

 


By Matthew Campbell and Dawn Kopecki for BloombergPolitics, May 15, 2015:

 

The Kremlin and Big Oil are stuffing more money into Washington’s influence machine as Europe and the U.S. renew their commitment to Russian sanctions.

 

While Russia may be angry about international sanctions over the Ukraine conflict, Beltway lawyers are mopping up and big names in lobbying are piling in.

 

Consider that last year, the Washington, D.C., lobbying firm of former Senate Majority Leader Trent Lott raked in $300,000 from Kremlin-controlled OAO Gazprombank, which was a target of sanctions. The Gazprombank billings for Lott’s firm are about double what Lott made in annual salary during any of his 18 years in the Senate.

 

For the complete text of the article, link below:

http://www.bloomberg.com/politics/art ... ing-influence-for-kremlin

 

Printer Friendly Page Send this Story to a Friend Create a PDF from the article