Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

FBI investigating whether Russian banker funneled money to the NRA to help Donald Trump

It is illegal to use foreign money in a US federal election

Clark Mindock
New York
Thursday 18 January 2018 13:39 EST
Comments
The investigation indicates that probes are widening
The investigation indicates that probes are widening (AP)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The FBI is investigating whether a top Russian banker with ties to the Kremlin illegally funnelled money to the National Rifle Association in an effort to boost President Donald Trump’s first presidential run.

Two sources familiar with the matter confirmed the investigation to the McClatchy News Service, and said that counterintelligence investigators are eyeing activities of Alexander Torsion.

Mr Torshin is the deputy governor of Russia’s central bank, and is reportedly close with both the NRA and Russian President Vladimir Putin.

US law prohibits the use of foreign money to influence American federal elections.

The McClatchy report notes that it is not clear how long the FBI investigation has been ongoing, but comes after months in which the Justice Department’s probe into Russia’s 2016 meddling — and potential ties it may have had with the Trump campaign — has heated up.

It is also unclear to what extent the FBI has evidence of money flowing from Mr Torshin to the NRA, or how that may have been facilitated.

The NRA spent roughly $30 million to support Mr Trump’s campaign, a significant portion of its record $55 million spent on the 2016 election in total.

That amount is roughly triple the amount that the group spent to support the 2012 Republican nominee, Mitt Romney.

Notably, a significant portion of their 2016 election spending was done by the arm of the group that is not required to disclose their donors. Sources told McClatchy that the actual amount of election spending may actually be much higher as well, at about $70 million — a discrepancy that may be explained by the fact that independent groups aren’t required to disclose how much they spend on online ads or field operations.

Whatever the case, news that the NRA is being investigated as a part of the broader Russia inquiry signals a new stage in the investigation, and shows that the investigation is becoming increasingly complicated and multi-faceted.

The Russia inquiry has already led to four indictments for individuals associated with the Trump campaign. Two of those individuals have pleaded guilty to their charges, while the other two plead innocence.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in