Tuesday, November 7, 2017

Mark Zuckerberg’s Kremlin “Investors” — Artist Rights Watch | MUSIC • TECHNOLOGY • POLICY

The “Paradise Papers” reveal that Facebook took approximately $200 million of cash investment from the Kremlin. This huge chunk of cash came from the Kremlin’s VTD Bank was “funneled through DST Global”, an investment vehicle owned by oligarch Yuri Millner (known as “космонавт” loosely translated as “the spaceman”). The papers also show that Gazprom (the controversial Kremin-owned energy company) heavily funded an offshore company that partnered with DST Global in a large investment in Facebook.

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via Mark Zuckerberg’s Kremlin “Investors” — Artist Rights Watch

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