Hotels - Accommodations > Money

New investigation says partner in Trump's Toronto hotel raised financing after sending $100 million to a Putin-controlled bank

8 monthes ago   |   By Business Insider

Mike Cassese/Reuters
FT: Trump's business partner on the Trump Toronto tower paid a $100 million commission to a middleman with Kremlin links to help facilitate the sale of a stake in a Russian steel mill.
The stake was sold for $850 million and some of that money may have gone to the Trump Toronto project.
LONDON - A Financial Times investigation into the financing of President Donald Trump's Toronto hotel tower has found fresh evidence suggesting links between the US President and Russia.
The FT claims it has seen documents suggesting that the Kremlin may have been involved in indirectly...
Read more ...

 


Search by Tags

   Money      London      Toronto      Hotel      Business      Hotels      Trump      Trump Toronto      President Donald Trump  


Welcome to Georgia

Welcome to Georgia

Georgia – Tbilisi has been the capital city since the fifth century, the country of one of the most ancient histories and cultures in the world. Its special geographical... Read more ...

Motel One saw 22 per cent rise in 2018

Motel One saw 22 per cent rise in 2018

The budget hotel chain, Motel One saw sales growth of 22 per cent to €487 million in 2018 and maintains a growing position in Europe. Read more ...

Coachella Valley earns $36.7 million revenue as tourism booms

Coachella Valley earns $36.7 million revenue as tourism booms

Cities have reimbursed hotels nearly $13 million in transient occupancy tax revenue since 2008 as part of incentive programs intended to attract developers and encourage... Read more ...

Nusret Gökce buys five-star Istanbul hotel for $80 million

Nusret Gökce buys five-star Istanbul hotel for $80 million

Nusret Gökce, know to his fans simply as ‘Salt Bae', has officially bought Istanbul's luxurious five-star Park Hyatt Hotel for an eye-watering $80 million , announcing the news... Read more ...

Elite Review: Beaverbrook Hotel & Spa

Elite Review: Beaverbrook Hotel & Spa

Just under an hour outside of London, Beaverbrook Hotel & Spa is surrounded by 470 acres of rolling hills, perfectly manicured grounds, pretty gardens and ponds. Despite its... Read more ...

Hard Rock Hotel London owned by GLH Hotels will open on 30th April 2019

Hard Rock Hotel London owned by GLH Hotels will open on 30th April 2019

The Hard Rock Hotel London is all set to open on 30 April this year following the transformation of the former Cumberland hotel. Read more ...

These Properties in Georgia and California Are Fighting for Sustainability

These Properties in Georgia and California Are Fighting for Sustainability

By Jessica Mueller A host of factors are putting increasing pressure on shorebirds, including climate change in their Arctic breeding grounds and habitat loss worldwide. The... Read more ...

Great Scotland Yard converted into a 5 star luxury hotel

Great Scotland Yard converted into a 5 star luxury hotel

Great Scotland Yard, once the headquarters of Metropolitan Police in London during the years 1829 to 1890, has now been converted into a luxurious 5-star hotel. Business tycoon... Read more ...

Radisson Collection comes to Paris

Radisson Collection comes to Paris

In the La Défense business area of Paris the first Radisson Collection hotel will be launched following the latest signing by the Radisson Hospitality. With the Radisson... Read more ...

Hong Kong to invest in Japan's hospitality sector

Hong Kong to invest in Japan's hospitality sector

Riding on the cocktails of the tourism boom in Japan, Hong Kong investors are buying and building hotels in Japan. As per the Japan National Tourism Organisation, a record... Read more ...

Preferred Hotels & Resorts launches I Prefer Alliance Program

Preferred Hotels & Resorts launches I Prefer Alliance Program

Preferred Hotels & Resorts is pleased to announce the launch of I Prefer Alliance, an innovative new loyalty platform that allows independent hotels and regional hotel brands... Read more ...