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Hmmm

Collusion? Russians Gave $35 Million to Company with John Podesta on Board

...During Podesta’s tenure on the board of Joule Unlimited, a significant investment in the company by a firm owned by the Russian government escaped review and scrutiny by the Committee on Foreign Investment in the United States (CFIUS).

In September 2011, eight months after Podesta joined the board of Joule Unlimited, Rusnano, a venture capital fund wholly owned by the Russian government, announced it was investing one billion Russian rubles, $35 million, in the company, which accounted for 46 percent of the $75 million invested in it up to that time from its launch in 2007. Founders Afeyan Noubar and Dr. David Berry invested an estimated $10 million in the 2007 first round. The venture firm Noubar heads, Flagship Ventures – now known as Flagship Pioneering – led a second round investment of $30 million in 2010, as the Boston Globe reported.

Curiously, the CFIUS failed to initiate a review of the transaction despite statutory and administrative guidelines that any such transaction in which a foreign country or foreign company obtained more than a ten percent interest in an American company was reviewable....

801 posted on 04/03/2019 6:00:44 PM PDT by StormFlag (Even in the mud and scum of things, something always, always sings. Ralph Waldo Emerson)
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To: StormFlag

CIFIUS same as weaseled U1 !!


830 posted on 04/03/2019 8:13:46 PM PDT by Steven W.
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