A high-ranking former Republican National Committee fundraiser just got caught concocting a 26 million dollar lobbying plan to get sanctions dropped against a Russian natural gas (LNG) company.
Elliot Broidy is already a convicted felon, and currently ensnared in both the Trump Russia probe through his relationship to cooperating witness George Nader and a hush money scandal with Trump’s attorney/fixer Michael Cohen, which caused him to quit his RNC post in “fundraising leadership.”
In December, the Fitch credit rating agency called sanctions the top threat to Novatek and the Russian LNG market. This morning, the company told Russia’s TASS wire service and Reuters that they believed future US sanctions would not affect their business. This afternoon, The Intercept reports that they’ve obtained records of Broidy’s proposed deal with Novatek: (embedded below)
SHORTLY AFTER PRESIDENT Donald Trump was inaugurated last year, top Republican fundraiser Elliott Broidy offered Russian gas giant Novatek a $26 million lobbying plan aimed at removing the company from a U.S. sanctions list.
In February 2017, Broidy sent a draft of the plan by email to attorney Andrei Baev, then a Moscow- and London-based lawyer who represented major Russian energy companies for the firm Chadbourne & Parke LLP. Baev had already been communicating with Novatek about finding a way to lift U.S. sanctions.
Broidy proposed arranging meetings with key White House and congressional leaders and generating op-eds and other articles favorable to the Russian company, along with a full suite of lobbying activities to be undertaken by consultants brought on board. Yet even as he offered those services, Broidy was adamant that his company, Fieldcrest Advisors LLC, would not perform lobbying services but would hire others to do it. He suggested that parties to the deal sign a sweeping non-disclosure agreement that would shield their work from public scrutiny.
Federal law requires the agents of foreign powers to register with the Department of Justice, even if they’re not registered as lobbyists.
But Broidy’s proposal was to use a Russian lawyer at Chadbourn & Parke, LLP to facilitate the deal, which involved discussions with Trump’s son-in-law Jared Kushner’s criminal defense attorney Abbe Lowell.
In addition to the $26 million for removing sanctions, Elliot Broidy also wanted to earn 0.5% on financing from western banking institutions for the 18 months following the Trump Administration removing sanctions against Novatek.
Last year, a Novatek-owned LNG company borrowed 425 million euros, which means that that single paragraph above would’ve paid the former RNC fundraiser an additional $2.6 million dollars on a comparable, non-sanctioned transaction. One would imagine that the deals would be larger without US sanctions.
In fact, Broidy was convicted of felony bribery in 2009 after paying off New York’s state pension fund with $1 million in illegal gifts to sway them into making a $250 million investment into his investment fund. New York’s Democratic Governor Andrew Cuomo called it “an old-fashioned payoff of state officials.”
After Trump’s inauguration, he went buck wild, selling everything from perks at Mar-a-Lago to dinners at the Trump Hotel, many of which included photos with the President, which can be influential for foreign politicians.
Just yesterday the New York Times uncovered even more dirty deals by Broidy, who tried to sell a game of golf with Trump to Malaysia’s Prime Minister, who is currently accused of embezzling $3.5 billion from his country. He also was pushing a high-stakes plan to frame and extradite a US-resident dissident Chinese billionaire, Guo Wengi, who’s living in New York to the UAE who would then send him to China to silence his exposure of government corruption.
Broidy’s naked greed cannot be understated, but that’s what it takes to maintain the David Dennison lifestyle with protection from Michael Cohen’s “law practice” while dishing out seven-figure hush money payoffs to Playboy Playmates.
If you drained a swamp, then at the bottom of the drain, caught in the grease trap, you would probably find Trump’s fundraiser Elliot Broidy.
Read the Trump advisor’s dirty lobbying deal proposal here: