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Washington: while the US investigates Russia’s involvement in 2016 election in connection with Social media giants, new confidential documents have revealed that Facebook and Twitter received major investments from firms with ties to Kremlin-owned corporations.

 “The Paradise Papers,” were received by German newspaper SUddeutsche Zeutung and reviewed by the international Consortium of investigative Journalists (ICIJ),

as well as several media offices across the globe.

 

According to ICIJ, the Kremlin-owned firms, VTB Bank, in secret directed $191million into an investment fund, DST Global owned by Yuri Milner, and used the money to buy a large stake in Twitter in 2011. Milner after getting a big gain sold after Facebook’s initial public offering in 2012 and Twitter’s 2013.

 

Milner respond to ICIJ questions was that his Investments were based on business merits and have nothing to do with politics.





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