Russia’s Sberbank CIB confirms deal with Podesta Group

MOSCOW, Apr 11 (PRIME) -- Investment company Sberbank CIB, a unit of Russia’s biggest bank Sberbank, has confirmed it has an agreement with Podesta Group, whose CEO, according to media, is one of bundlers for Hillary Clinton’s presidential campaign, a representative for Sberbank CIB told PRIME Monday.

Previously, Observer reported referring to materials of Panama’s Mossack Fonseca that Sberbank and its affiliates are using Podesta Group as their lobbyist in Washington.

“Sberbank CIB’s New York office hired this company. Attraction of external consultants is part of our standards business practices,” the representative said.

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