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IPFS News Link • Conspiracies

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


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.

Curiously, the CFIUS failed to initiate a review of the transaction despite statutory and administrative guidelines that any such transaction in which a foreign country or foreign company obtained more than a ten percent interest in an American company was reviewable.

"CFIUS has significant discretion to determine when a foreign entity has sufficient control to confer jurisdiction," according to Overview of the CFIUS Process, a report prepared by the law firm Latham & Watkins, a leading practitioner before CFIUS: