02.10.2014 - Russia's Sovereign Fund Invests Lobbying $$$ in Capitol Counsel
The Russian Direct Investment Fund, which has more than $10B in assets, has invested $90K in a two-month effort by Capitol Counsel LLC to educate US Treasury staffers and policymakers about its operation. The Financial Times reported Sept. 21 that RDIV is battling to preserve its goals as relations between Moscow and West plummet. Russia's sovereign fund has avoided US economic sanctions, though its parent, state-owned VEB, and supervisory board member Sergei Ivanov, who was Vladimir Putin's chief of staff, are on the list. Capitol Counsel, which is headed by Democratic lobbyist John Raffaelli, is to assist RDIF correct "significantly misstated" press reports, according to the representation agreement...............................................Full Article: Source
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