cards on your accounts with them , etc . Problem was , these bank imitators were not carefully regulated as banks . Indeed , they acted much as banks had done prior to the 1929 crash and the first Glass - Steagall Act : They made short - term loans to securities firms and other high - flying financial institutions — firms like Bear Sterns and Lehman Brothers — that used short - term borrowed funds to make highly speculative investments in bad mortgage products and other high - risk financial instruments .
Tehran is also keen to receive money owed to it since the pre - sanctions days in the European currency . The country ’s crude deliveries are to be restored soon , with companies such as the French giant Total , Spanish refiner Cepsa and Litasco and the trading arm of Russia 's Lukoil already holding contracts . Reuters source at state - owned National Iranian Oil Co ( NIOC ) told the agency that Tehran wants to receive paymenttransaction.transfermoney.payforservicein euros . Read more " In our invoices we mention a clause that buyers of our oil will have to pay in euros , considering the exchange rate versus the dollar around the time of delivery , " the source said .
" The simplest answer is the truth : I am a campaign professional . It is well known that I do work in the United States and have done work on overseas campaigns as well . I have never received a single " off - the - books cash paymenttransaction.transfermoney.na" as falsely " reported " by The New York Times , nor have I ever done work for the governments of Ukraine or Russia . Further , all of the political payments directed to me were for my entire political team : campaign staff ( local and international ) , polling and research , election integrity and television advertising . The suggestion that I accepted cash payments is unfounded , silly , and nonsensical .
Donald Trump ’s campaign chairman , Paul Manafort , slammed the New York Times Monday morning after the newspaper published a story reporting that secret ledgers in Ukraine show more than $ 12 million in cash earmarked for him . The report states that the political party of former Ukraine president and pro - Russia ally Viktor Yanukovych set aside $ 12.7 million for Manafort . Investigators say the money was part of an illegal , undisclosed paymenttransaction.transfermoney.nasystem , the Times reports . Story Continued Below “ Once again , the New York Times has chosen to purposefully ignore facts and professional journalism to fit their political agenda , choosing to attack my character and reputation rather than present an honest report , ” Manafort said in a statement obtained by NBC News .
In other documents , a management fee payment to Manafort , Zackson , and their partners from Firtash were discussed . " Basically , DF is still totally on board and a wire will be forthcoming either the end of this week or next week as a partial payment on the 1.5 , " Manafort said in an email to Brad Zackson , his partner in the deal , on June 8 , 2009 . DF is Firtash , and 1.5 referred to a $ 1.5 million fee paymenttransaction.transfermoney.payforservice, according to court documents . In 2008 , according to a State Department cable posted by WikiLeaks , Firtash told U.S. Ambassador William Taylor that he got his start in business with the permission of one of Russia ’s most well - known organized crime bosses , Semion Mogilevich .
German Klimenko , who was recently appointed to be Vladimir Putin 's special advisor on all Internet - related matters , already has some big ideas about how Russia should adjust its dealings with companies like Apple , Microsoft , and Google . Seemingly not content to see the smartphone landscape effectively dominated by Apple and Google , Klimenko said in a recent interview that both companies should pay a whole lot more in taxes to the Russian government . " When you buy an app from Google Play or the App Store anywhere in Europe , VAT is charged at the place of paymenttransaction.transfermoney.payforservice, but not here in our banana republic , " Klimenko frustratingly explained in statements originally relayed by Bloomberg . His solution ? A revamp of the Russian tax code that would see consumers slapped with an 18 % sales tax on all mobile purchases , an idea which , if implemented , would naturally direct consumers toward alternatives .
In this political universe , the biggest bank in Russia — a U.S. enemy — is joined by the theocratic dictatorship in Saudi Arabia — a close U.S. ally . The Podesta Group has a hefty contract with the Saudi regime , for which the firm provides “ public relations ” services on behalf of King Salman ’s royal court . Saudi Arabia paid the Podesta Group an initial “ project fee ” of $ 200,000 , along with unspecified further paymenttransaction.transfermoney.payforservice, according to documents filed with the Justice Department Foreign Agents Registration Act office . Tony Podesta , CEO of the Podesta Group , co - founded the public affairs firm in 1998 with his brother John , himself a prominent Clinton operative . John Podesta has played a variety of roles in the Clinton machine .
Three separate payments , for example , totaling nearly $ 5.7 million are earmarked for Mr. Manafort ’s “ contract . ” Advertisement Continue reading the main story Another , from October 2012 , suggests a paymenttransaction.transfermoney.nato Mr. Manafort of $ 400,000 for exit polling , a legitimate campaign outlay . Two smaller entries , for $ 4,632 and $ 854 , show payments for seven personal computers and a computer server . The payments do not appear to have been reported by the Party of Regions in campaign finance disclosures in Ukraine .
On Sunday , a New York Times report claimed that secret ledgers showed $ 12.7 million in undisclosed cash payments designated for Manafort from the Yanukovych administration . Manafort called the report " unfounded , silly and nonsensical " in a statement Monday morning . He added that he had never taken an " off - the - books cash paymenttransaction.transfermoney.payforservice" or worked for the governments of either Ukraine or Russia . Corey Lewandowski , who was replaced by Manafort as Trump 's campaign manager in June , tweeted a link to the article with no comment on Sunday night – which helped increase speculation of division in the Trump camp . On Saturday , Trump railed against NYT reporters as " dishonest people " over a story about divisions in his campaign , and threatened to revoke their credentials to cover the campaign .
Last month , NIOC 's director general for international affairs told Reuters that Iran " would prefer to receive ( oil money owed ) in some foreign currency , which for the time being is going to be euro . " Indian government sources confirmed Iran is looking to be paid in euros . Tehran has asked to be paid using the exchange rates at the time the oil was delivered , along with interest for those paymenttransaction.transfermoney.nadelays , Indian and Iranian sources said . Indian officials are working on a mechanism that could involve local banks United Commercial Bank ( UCO ) and IDBI Bank for handling payments to Iran , one Indian government source said . UCO CEO R.K. Takkar said the bank is involved in payments to Iran , but did not say if there were any plans to change the payment mechanism .