Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Wednesday, January 10, 2018
Manafort Sued by Russian Billionaire Deripaska Over TV Deal
President Donald Trump’s former campaign manager Paul Manafort was sued by a company tied to Russian billionaire Oleg Deripaska, who claims he was defrauded after giving $18.9 million to Manafort to invest in a Ukrainian cable television venture.
The suit, filed Wednesday in New York state court by Deripaska’s Surf Horizon Ltd., claims Manafort and his former associate, Rick Gates, used the invested funds as “their personal piggy banks,” moving funds in and out “without any apparent business reason.”
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