(Article by Natalie Winters republished from TheNationalPulse.com)
The Russian Direct Investment Fund (RDIF) – a sovereign wealth fund established while Vladimir Putin was Prime Minister – was the recent target of sanctions from the Biden White House following Russia’s invasion of Ukraine.
Despite the Biden regime’s move to sanction the fund, The National Pulse can reveal that RDIF previously retained former Democratic National Committee (DNC) Managing Trustee John Raffaelli as its American representative, according to Foreign Agent Registration Act (FARA) filings.
Broadly described as “government relations consulting services,” 2014 documents filed with the Department of Justice detail the scope of Raffaelli’s work for the Russian government-backed firm. Raffaelli’s firm Capitol Counsel would “educate and explain” to American officials RDIF’s “role and relationship with United States partners and investors” as well as liaise with the Treasury Department on behalf of the fund.
Much of the work, which included a $45,000 per month retainer fee, appeared to be focused on sanctions.
Federal election records also reveal that Raffaelli has donated hundreds of times to Democratic campaigns, including to candidates such as Hillary Clinton and Nancy Pelosi, totaling over $500,000.
Read more at: TheNationalPulse.com