Manafort joined the Trump campaign, and were filed with Cyprus government authorities in 2016.
Manafort has maintained from the beginning, is that he did not collude with the Russian government to influence the 2016 election.” (Mr.
The byzantine nature of the transactions reflected in the Cyprus records obscures the reasons that money flowed among the various parties, and it is possible they were characterized as loans for another purpose, like avoiding taxes that would otherwise be owed on income or equity investments.
The loan to Jesand was unsecured, with a 3.5 percent interest rate, and payable on demand.
The statements contain a note saying that as of January 2014, the debts and assets for Lucicle and LOAV had been assigned to “a related party,” which is not identified.