"In the meantime, we are thankful to have Charles Price, Chairman of the Board of Directors, leading the way. Senate Majority Leader Mitch McConnell, as well as Sen. Rand Paul, both Kentucky Republicans, voted against that attempt to keep the sanctions in place.The Kentucky Democratic Party on Wednesday questioned McConnell's decision to support lifting the sanctions on Rusal, in light of the Senate Intelligence Committee report's identification of Rusal as a proxy for the Kremlin.The Democratic Party also mentioned a 2019 Politico report about how two people who used to work on McConnell's staff lobbied the federal government on Braidy's behalf.Party spokeswoman Marisa McNee said McConnell needs to publicly explain what he knows concerning how Rusal became a vital source of funds for a project that will be built in the state he has represented in Congress for decades. Shealy declined to comment for this story.Later, although no dates are given, Shealy’s direct reporting of information to Gill “revealed several instances where a possible investor was not frequenting the data room (to access Braidy Industries information), yet Mr. Bouchard was reporting to the Board that they were highly interested and engaging in diligence.”,As a result, the report says, Gill and Shealy “believed Mr. Bouchard grossly exaggerated investor interest in Braidy (Industries).”.WDRB asked the Kentucky Cabinet for Economic Development whether Gill relayed any of that information to state officials at the time, and whether there are emails or other records showing those communications.The cabinet provided no response to those questions other than to say that Gill and the Braidy Industries board reached out to Larry Hayes, the new economic development secretary under Democratic Gov. Andy Beshear, have said they hope the mill project will succeed and create job opportunities in the commonwealth.The U.S. government previously imposed sanctions on Rusal and its parent company, EN+ Group.Rusal's decision to invest in Braidy's mill was announced in April 2019, a few months after the federal government lifted the sanctions against the Russian firm. An effort in the 2020 General Assembly to.Braidy Industries is still trying to raise about $500 million from investors before it can finance construction of the mill, while at the same time battling Bouchard in Delaware court as he seeks to regain control of the company that fired him on Jan. 28.Bevin, Bouchard and others heralded the aluminum plant, originally projected to open this year, as the start of the economic revitalization of Appalachia. ",Steurer said in an email Wednesday that previous comments McConnell has made about Rusal still stand. He added that, for anyone with a few hundred million dollars, it would be “a good investment.”,The disclosure about the red flags Gill received last August comes as state lawmakers are increasingly concerned it may be too late for Kentucky to recover its $15 million at a time when state budgets have been hammered by COVID-19 business closures and slowdowns. There are just too many unanswered questions, and too many people from McConnell’s orbit who have been exposed as playing a big role in this deal for him to continue to play dumb," McNee said. "Over the last 60 days, our team has worked extremely hard to bring this mill to fruition, and the work is paying off," the company said.Bouchard said he had "line of sight" to the necessary financing when he left Braidy. He indicated he believes he can get the mill built but doesn't know if Braidy's current leadership can do it on their own. Several Democrats in Congress quickly expressed concern about the planned investment.The U.S. Senate voted down a measure opposing the plan to end the sanctions against Rusal and EN+ Group in January 2019. "The Committee found that Manafort's presence on the Campaign and proximity to Trump created opportunities for Russian intelligence services to exert influence over, and acquire confidential information on, the Trump Campaign," the report says. Chris is at 502-585-0822 and cotts@wdrb.com.Email notifications are only sent once a day, and only if there are new matching items.You have permission to edit this article.There was a problem saving your notification.Former Kentucky official told of then-Braidy Industries CEO's alleged deception last summer, court records show,a third-party investigation the company made public in Delaware court,have the state’s money invested in the company set aside,proceeding without a chief executive after interim CEO Tom Modrowski took another job last month,called on Attorney General Daniel Cameron to conduct a criminal investigation,Email: Officer in Breonna Taylor raid says police did 'legal, moral and ethical thing that night','State of Emergency' declared by LMPD as Breonna Taylor decision looms,Man shot dead in east Louisville neighborhood,Mayor Fischer declares state of emergency for Louisville ahead of expected Breonna Taylor decision,Parents shot near Indianapolis as 6-year-old hides in vehicle, calls 911,Beshear says he will deploy National Guard, KSP if needed after Breonna Taylor announcement,East Louisville neighborhood shocked by fatal shooting,Bungalow Joe’s owner in disbelief after 3 men killed in 'totally random' shooting at restaurant,U of L Health chief: No notice of Breonna Taylor decision Tuesday,Judge ready to hold LMPD chief in contempt unless he testifies to Metro Council.
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