Commerce Secretary Wilbur Ross retains investment in company doing business with Putin family

@SecretaryRoss / Twitter Sec Wilbur Ross...
@SecretaryRoss / Twitter

Every single member of Trump’s administration is crooked, Wilbur Ross edition:

After becoming commerce secretary, Wilbur L. Ross Jr. retained investments in a shipping firm he once controlled that has significant business ties to a Russian oligarch subject to American sanctions and President Vladimir V. Putin’s son-in-law, according to newly disclosed documents.

The shipper, Navigator Holdings, earns millions of dollars a year transporting gas for one of its top clients, a giant Russian energy company called Sibur, whose owners include the oligarch and Mr. Putin’s family member. Despite selling off numerous other holdings to join the Trump administration and spearhead its “America first” trade policy, Mr. Ross kept an investment in Navigator, which increased its business dealings with Sibur even as the West sought to punish Russia’s energy sector over Mr. Putin’s incursions into Ukraine.

Why keep his investments in this particular company, while properly divesting from others? We don’t know.

[Spokesman James Rockas] did not respond to questions about the current status of Mr. Ross’s investment. If Mr. Ross stands to benefit, albeit indirectly, from a Russian firm controlled by members of Mr. Putin’s inner circle, it poses a potential conflict with his role as the lead cabinet member on trade policy, ethics experts said.

Yeah, go figure.

We are under attack on social media. Please help us survive by becoming a patron.

Leave a Comment

Be the First to Comment!

Notify of