During the last few weeks, Russia has been in the spotlight of the world’s leading media outlets. The reason for this has been the Kremlin’s possible involvement in investments in two of the world’s most popular social networks: Facebook, led by Mark Zuckerberg, and Twitter, led by Jack Dorsey.
Through exhaustive research, which we will discuss below, two Kremlin-owned companies have been known to fund Facebook and Twitter, to achieve a hidden interest. In addition, it has been revealed that the investigations also bring as protagonists the renowned Yuri Milner, and Jared Kushner, son-in-law of the current US president, Donald Trump. According to The Guardian, this funding would have a political background.
The information obtained by the Paradise Papers
Research by more than 380 journalists from more than 67 nations, in cooperation with The New York Times and The Guardian portals, has provided data on the Russian tycoon’s investment in social networking sites Facebook and Twitter. Among the information known in the Paradise Papers, it has been said that Milner invested 191 million dollars on Twitter in 2011, and about 1 billion dollars on Facebook. The first financing comes from VT Bank, a Russian state-owned bank. While the second investment was made through Gazprom Investholding, another Russian state-controlled firm.
On the other hand, among the other data provided, it has also been revealed that Milner has financed a company of Donald Trump’s son-in-law, Jared Kushner, known as Cadre. This company received a $850,000 contribution from the Russian tycoon in 2015.
Financing: for political purposes
Although not 100% confirmed, the source reveals that Milner’s funding could be only a political undercurrent for the benefit of the current US president. And this is where Facebook and Twitter come in, as this character had control of 8% of Facebook and 5% of Twitter. We say this in the past, since the shareholder sold these shares more than 3 years ago. However, it has been said that Milner still maintains investments in other U. S. companies.
With this percentage of actions it is possible that both social networks were manipulated to help the Donald Trump campaign. And this is where the information might fit in. As a country that is among the most ignorant in the world according to recent studies, both social networks were able to issue information for millions of people to vote in favor of the current U. S. president.
On the other hand, it is important to note that these funding arrangements between Russian state institutions and US companies are not illegal. But, as the former director of Russian affairs on the US National Security Committee, Michael Carpenter, says, this could be a political issue and that is not legal.
Yuri Milner, for his part, has declared that it has nothing to do with U. S. politics, although he did admit that he met Trump’s son-in-law a year ago in the United States. He also pointed out that he only financed Kushner’s business for commercial purposes. In addition, both VTB and Gazprom claimed that their transactions were not carried out for hidden purposes.
What will happen in the next few days with these two nations?
Given all this information, we will have to wait a little longer for more information to be issued on this sensitive issue. We are talking about two powers that have already had rivalries on issues related to social networks and games. One example of this is the problems of Pokémon Go between the two nations.