Novartis CEO Calls Hiring of Trump Lawyer Michael Cohen a 'Mistake'

Donald Trump speaking

Novartis CEO Calls Hiring of Trump Lawyer Michael Cohen a 'Mistake'

AT&T paid President Trump's lawyer Michael Cohen specifically to advise the telecom company on its proposed $85.4 billion merger with Time Warner, according to a report by the Washington Post, citing internal documents obtained by the newspaper. The payments weren't at all related to Narasimhan's January audience with Trump at Davos, at a dinner attended by more than a dozen other European CEOs, Novartis said.

Yet another Michael Cohen got a $980 transfer 'from a Kenyan bank from acccountholders Netanel Cohen and Stav Hayun to an account in Israel at Bank Hapoalim, ' Israel's largest bank. Cohen this week accused Avenatti of wrongdoing in the case after he published bombshell details of wire transfers to Cohen's consulting firm by companies including AT&T Inc., Novartis AG and a USA private-equity firm tied to a Trump-supporting Russian oligarch.

But in a memo to employees sent Wednesday, the telecommunications giant says it didn't pay Michael Cohen for legal or lobbying work.

The companies have sought to distance themselves from Cohen, the dust-up over his finances and the Russian Federation imbroglio.

The White House didn't immediately respond to a request for comment.

Among the previously unreported transactions were payments past year totaling about $500,000 from Columbus Nova, an investment firm in NY whose biggest client is a company controlled by Viktor Vekselberg, the Russian oligarch.

Cohen's relations with Trump began with his dabbling in real estate and purchases of apartments in Trump buildings in NY.

"You get paid to tell the client how to lobby, or what the important people are thinking, or who to call on what topic", said Daniel Auble, a senior researcher at the Center for Responsive Politics.

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Novartis said it has provided information to special counsel Robert Mueller's office regarding its agreement with Mr. Cohen's company.

In a court filing Wednesday in New York, Cohen's lawyers pushed back on Avenatti's document, saying it contained "blatantly incorrect statements". Just a few weeks earlier, Cohen had paid a porn star $130,000 to keep quiet about her alleged affair with Donald Trump, and as Trump's longtime personal lawyer, bagman, and fixer, Cohen must have imagined he would be handsomely rewarded for his loyalty. It says its contract with him expired in December 2017.

The Treasury Department's inspector general is reviewing whether banking information tied to a company run by President Trump's personal lawyer, Michael Cohen, was leaked.

The payments were stipulated by a one-year agreement with Essential Consultants that Novartis pursued in the belief that Mr. Cohen could advise "how the Trump administration might approach US health-care policy matters", such as the Affordable Care Act.

Owens said any suggestion that Vekselberg used Columbus Nova as a conduit for payments to Cohen was false.

"Novartis considers this matter closed as to itself and is not aware of any outstanding questions regarding the agreement", it said in the statement.

No. Cohen isn't an employee of the USA government and therefore not bound by the pledge, which restricts influence peddling to those coming into or leaving the Trump administration. The details of when Mr. Cohen was paid by these business clients - whose names had not previously been made public - have no relation to the litigation in which he represents Ms. Clifford or any purported reasons he may have to appear before this Court.

Novartis admitted it made a costly mistake in making payments totalling almost $US1.2 million to Cohen's firm. Did anyone at the company actually meet with Cohen before agreeing to spend $1.2 million? But he said the arrangement described by Avenatti "certainly doesn't look good".

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