Senators Question Russian-Oligarch-Linked Firm That Hired Michael Cohen

Democrats want to know why Columbus Nova hired Donald Trump’s longtime fixer.

Michael Cohen leaves court in Manhattan on April 16, 2018.Go Nakamura/ZUMA

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Four Democratic senators want a New York financial firm linked to Russian oligarch Viktor Vekselberg to explain its hiring last year of Michael Cohen, President Donald Trump’s longtime personal attorney and emerging legal adversary.

Cohen has publicly advertised his willingness to cooperate with federal prosecutors investigating him for possible campaign finance violations and financial crimes. On Thursday, CNN reported that Cohen is prepared to tell special counsel Robert Mueller that Trump knew in advance about the June 2016 meeting in Trump Tower at which Trump campaign officials expected to receive damaging information about Hillary Clinton from a Russian emissary. That’s one of several areas in which Cohen’s claims could show that Trump lied in public statements, a fact that might spell legal trouble for the president.

A letter sent Thursday by Sens. Elizabeth Warren (D-Mass.), Ron Wyden (D-Ore.), Patty Murray (D-Wash.), and Richard Blumenthal (D-Conn.) shows that Cohen’s legal plight is also drawing continued scrutiny of the companies that hired him hoping to capitalize on his access to Trump. The firms paid Cohen through a limited liability company he set up in Delaware. Cohen used the same LLC to pay hush money to women including Stormy Daniels, a pornographic actress who claims she had sex with Trump in 2006, the year after he married First Lady Melania Trump.

The lawmakers sent 29 questions to Andrew Intrater, the CEO of Columbus Nova, a New York-based investment firm. Intrater is Vekselberg’s distant cousin. Vekselberg’s conglomerate, the Renova Group, has also been Columbus Nova’s primary client. The Treasury Department sanctioned Vekselberg and Renova in April, barring them from financial transactions in the United States. Intrater, who had little prior history of political contributions, donated $250,000 to Trump’s inaugural committee and $35,000 to a Trump reelection fund in 2017. Vekselberg attended Trump’s inauguration with Intrater and discussed US-Russia relations during a meeting with Cohen in Trump Tower. Both Vekselberg and Intrater have reportedly been questioned by Mueller’s office.

Columbus Nova last year paid Cohen $500,000. Two people people speaking for the firm told Mother Jones in May that Intrater hired Cohen in the hope that he could connect the the firm with wealthy investors. In their letter, the senators alleged that Cohen tried—unsuccessfully—to convince another client, the drug company Novartis, to invest in a pharmaceutical firm tied to Columbus Nova.

The senators want to know whether the payments Columbus Nova made to Cohen were connected to Vekselberg and Russian-influence efforts. Their letter notes that “Columbus Nova began paying Mr. Cohen in January 2017 and that shortly thereafter, he worked with Ukrainian politician Andrii Artemenko to hand deliver a proposal ‘outlining a way for President Trump to lift sanctions against Russia’ to the office of then-National Security Advisor Michael Flynn.” The senators cite reporting that indicates Vekselberg hoped to fund Artemenko’s plan through Columbus Nova. They ask Intrater to explain “what relationship, if any,” he or Columbus Nova has with Artemenko.

A spokesman for Columbus Nova said Friday that Intrater and Columbus Nova had no ties to Artemenko. He said the firm is reviewing the letter.

Read the Democrats’ letter here:

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WE'LL BE BLUNT.

We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in—especially from this specific blurb you're reading right now.

We'll also be quite transparent and level-headed with you about this.

In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

You're here for reporting like that, not fundraising, but one cannot exist without the other, and it's vitally important that we hit our intimidating $390,000 number in online donations by June 30.

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