Trump Organization planned to give "$50 million penthouse to Putin in Trump Tower Moscow"
A real estate developer and former mobster turned FBI information, Felix Slater, on Thursday revealed the information, saying that the idea was a marketing scheme.
The Trump Organization reportedly planned to go give Russian President Vladimir Putin a penthouse worth $50 million in Trump Tower Moscow, which was eventually never built, a new report has stated.
A real estate developer and former mobster turned FBI information, Felix Slater, on Thursday revealed the information, saying that the idea was a marketing scheme. Slater reportedly had advised the Trump Organization on the deal.
"In Russia, the oligarchs would bend over backwards to live in the same building as Vladimir Putin. My idea was to give a $50 million penthouse to Putin and charge $250 million more for the rest of the units. All the oligarchs would line up to live in the same building as Putin," Slater told Buzzfeed.
Despite Trump Organization's plans, the Trump Tower was never built in Moscow. The plan reportedly came under scrutiny after President Donald Trump's former personal attorney, Michael Cohen, pleaded guilty on Thursday to lying to Congress about the deal.
Cohen, in his confession, had initially stated that the Moscow Trump Tower plan fell through in January 2016, however, it actually failed in June 2016. Reports state that Cohen had also discussed the idea of the penthouse gift with the representative of Putin's press secretary Dmitry Peskov.
Cohen, in his guilty plea, said that he lied to be consistent with Trump's "political messaging." Trump, during his campaign, had consistently insisted that he had no business dealings in Russia. Trump defended the failed deal on Thursday, saying that it had nothing to do with his campaign agenda and that it was a part of his business to explore new developments.
The president also termed Cohen a "weak person," who was lying to get a lighter sentence, and repeatedly said that the Moscow real estate deal was never a secret.
"There would be nothing wrong if I did do it. I was running my business while I was campaigning. There was a good chance that I wouldn't have won, in which case I would have gone back into the business, and why should I lose lots of opportunities?" Trump said of the project.
The president also slammed special counsel Robert Mueller's investigation over Twitter and said that the probe has not found even a "whiff" of his campaign's collusion with Russia. The Republican also called the prove an "illegal hoax" which should be ended "immediately."