News

Putin Says Clinton Got $400 Million From Tax Evaders — Not So Much

SMS
Putin Says Clinton Got $400 Million From Tax Evaders — Not So Much
Russian President Vladimir Putin made the claim during his news conference with President Donald Trump.
SHOW TRANSCRIPT

During his news conference with President Donald Trump, Russian President Vladimir Putin said he wants to look into alleged tax evasion by associates of American-born financier Bill Browder. Putin claimed Browder's associates made $1.5 billion in Russia, never paid taxes on it, and then donated $400 million to Hillary Clinton's campaign. 

$400 million seems like an awful lot, especially considering Clinton's campaign raised a total of $563 million. 

Putin is likely talking about Browder's partners at Ziff Brothers Investments. Russian lawyer Natalia Veselnitskaya mentioned them in a June 2016 meeting with Donald Trump Jr., explaining their connection to Browder.

The Ziff brothers gave $17,700 to Hillary Clinton in 2016. They gave $297,000 to the Democratic National Committee. That's way less than $400 million. If Putin is talking about donations to the Clinton Foundation, too, he's still off. In years past, the Ziff brothers haven't given more than $110,000 to the Clinton Foundation.

In all, the Ziff brothers gave $1.7 million to political causes in the 2016 cycle. Not $400 million.