As reported on Restore Progress and elsewhere, over the years Donald Trump has profited greatly from the willingness of Russian elites to purchase – for exorbitant markups, and seemingly without business justification – Trump properties. For example, in the early 2008, a Russian businessman paid Trump $50,000,000 more than asking price for a south Florida mansion (a deal so unusual that Senators have called for an investigation into the transaction).
Now, from Eric Trump’s own mouth, we learn that as recently as 2014, Russians provided the Trump’s with $100,000,000 in funding for a Trump golf course. From an interview with WBUR Boston:
“So when I got in the cart with Eric,” Dodson says, “as we were setting off, I said, ‘Eric, who’s funding? I know no banks — because of the recession, the Great Recession — have touched a golf course. You know, no one’s funding any kind of golf construction. It’s dead in the water the last four or five years.’ And this is what he said. He said, ‘Well, we don’t rely on American banks. We have all the funding we need out of Russia.’ I said, ‘Really?’ And he said, ‘Oh, yeah. We’ve got some guys that really, really love golf, and they’re really invested in our programs. We just go there all the time.’ Now that was three years ago, so it was pretty interesting.”
It is no wonder Trump has such affections for Russia. This is yet another reason why Trump’s refusal to divest himself completely from his businesses causes such an extreme conflict of interest.