Collusion? Russians Gave $35 Million to Company with John Podesta on Board

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Hillary Clinton’s 2016 campaign manager, John Podesta, played a central role in another potential Russian collusion scandal that has not yet been investigated.

Podesta, the former chief of staff to President Bill Clinton, served on the board of Joule Unlimited, a now defunct alternative energy company, from January 2011 to January 2014. He resigned from the company’s board to accept the powerful job of Counselor to President Barack Obama.

During Podesta’s tenure on the board of Joule Unlimited, a significant investment in the company by a firm owned by the Russian government escaped review and scrutiny by the Committee on Foreign Investment in the United States (CFIUS).

In September 2011, eight months after Podesta joined the board of Joule Unlimited, Rusnano, a venture capital fund wholly owned by the Russian government, announced it was investing one billion Russian rubles, $35 million, in the company, which accounted for 46 percent of the $75 million invested in it up to that time from its launch in 2007. Founders Afeyan Noubar and Dr. David Berry invested an estimated $10 million in the 2007 first round. The venture firm Noubar heads, Flagship Ventures – now known as Flagship Pioneering – led a second round investment of  $30 million in 2010, as the Boston Globe reported. – READ MORE

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