White House accused of blocking information on bank's Trump-Russia links

Source: The Guardian | February 27, 2017 | Stephanie Kirchgaessner

New commerce secretary Wilbur Ross’s response about possible links between Bank of Cyprus, Russian agents and Trump officials wasn’t released to Senate

The White House has been accused of withholding information from Congress about whether Donald Trump or any of his campaign affiliates have ever received loans from a bank in Cyprus that is partly owned by a close ally of Russian president Vladimir Putin.

A group of Democratic senators have been waiting for two weeks for Wilbur Ross, a billionaire investor who has served as vice-chairman of the Bank of Cyprus since 2014, to answer a series of questions about possible links between the bank, Russian officials, and current and former Trump administration and campaign officials. Ross also received a second letter on Friday from Senator Cory Booker of New Jersey with more detailed questions about possible Russia links.

But in a speech on Monday night, just before the Senate voted to approve Ross’s nomination as secretary of the commerce department, Senator Bill Nelson of Florida said the White House “has chosen to sit on” a written response by Ross to some of those questions even though Ross told the senator he was eager to release his response.

Nelson, the top Democrat on the Senate commerce committee, said in a speech on the Senate floor that other senators were “troubled and frustrated” by the White House move. Nelson said it had been “verbally reiterated” to him by Ross that the commerce department nominee was not aware of any “loans or interactions” between the Bank of Cyprus and the Trump campaign or Trump Organization.

Ross, a private equity investor who has said he would step down from the bank after his final confirmation, had also been asked to provide more details about his own relationship with previous and current Russian investors in the bank, including Viktor Vekselberg, a longtime ally of the Russian president, and Vladimir Strzhalkovsky, the former vice-chairman of Bank of Cyprus who is also a former KGB agent with a close relationship to Putin.

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