Culture

AT&T confirms it paid Michael Cohen for consulting on Time Warner deal

AT&T confirms it paid Michael Cohen for consulting on Time Warner deal”

Cohen is also under investigation by prosecutors in NY for possible bank fraud and campaign finance violations.

In a memo AT&T sent to employees earlier this week, the company said that it had retained Cohen in early 2017 "to help us understand how the president and his administration might approach a wide range of policy issues important to the company, including regulatory reform at the FCC, corporate tax reform and antitrust enforcement".

In fact, only three days after President Trump was sworn into office, AT&T turned to his personal attorney, Michael Cohen, for help. Rather, his job was to advise the company.

Since Michael Cohen is not a registered lobbyist, he was forbidden from engaging in lobbying, so he was not allowed to contact government officials.

According to disclosure forms, the $600,000 AT&T spent on Cohen's services was merely a drop in the ocean - the corporation spent $16.8 million on lobbying in 2017 alone.

Cohen's work does not appear to meet the definition, Noble asserted, adding that this is an ethical concern, since Cohen "appears to be selling access to a current client, who is president".

Swiss drugmaker Novartis AG and USA telecommunications company AT&T said they made payments to Cohen's firm, Essential Consultants, in efforts to gain intelligence into the Trump administration's thinking on issues affecting them.

AT&T confirmed payments of $200,000 to Essential Consultants, although a source familiar with the matter told Reuters it likely paid more than that and could total as much as $600,000. A day earlier, the drug company said it had paid $1.2 million to a firm led by Cohen, who is at the center of a US law enforcement probe, as well as a civil lawsuit related to payments to an exotic dancer.

More news: Microsoft Now Allows You To Gift Games And DLCs On PC

Trump had said on the campaign trail that he would block the deal if elected, and the DOJ has since sued to stop the deal from happening.

The payments were revealed by the man who has become Cohen's nemesis, Michael Avenatti, the lawyer who is seeking to release Daniels from the "hush agreement" she signed with Essential Consultants.

At the time, AT&T said that Stephenson had "a very good meeting" with Trump but that the Time Warner merger "was not a topic of discussion".

The Justice Department wants AT&T to divest Time Warner's DirecTV unit or Turner networks as a condition of approving the acquisition.

Novartis said it was contacted in November 2017 by the office of U.S. Special Counsel Robert Mueller about its contract with Essential Consultants.

The Justice Department declined to comment.

Novartis admitted it made a costly mistake in making payments totaling almost $1.2 million to Cohen's firm.

"We made a mistake in entering into this engagement and, as a effect, are being criticized by a world that expects more from us", Dr. Narasimhan said in the email, which was earlier reported by STAT, a healthcare publication of Boston Globe Media.



Like this

loading...
loading...

Latest


11 May 2018
PlayStation Has Announced The Major Games They'll Be Showing At E3
With E3 right around the corner, it's generally custom for companies to begin announcing plans for their respective conferences. With that being said, make sure to let us know in the comments how you feel about this change of course for E3 2018 .

11 May 2018
China's Didi Chuxing suspends carpooling service following murder of a passenger
The murderer needs to be brought to justice; and Ms Li and her family deserve a just answer. Back in 2017, a woman in Zhejiang filmed her Didi driver masturbating at the wheel.

11 May 2018
UK, French, Germany FMs to meet over Iran on Tuesday
In a declaration on Tuesday, President Donald Trump officially withdrew the United States from the nuclear pact. However, on May 8, Trump announced the USA withdrawal from the JCPOA.

11 May 2018
Kelly Clarkson and Jennifer Hudson to return as coaches for season 15
But I'm telling you Kelly Clarkson is not going, and Jennifer Hudson is returning, so they will both be judges on The Voice this fall .

11 May 2018
Peta's Forecast - Tracking rounds of showers and storms this Mother's Day Weekend
The isolated shower chance returns for Wednesday with partly sunny skies and highs in the low 80s. Monday: 20 percent chance of showers/thunderstorms after 1 pm, partly sunny - high near 93.

11 May 2018
First Death in New Ebola Outbreak Confirmed in Congo
The WHO has already reported 32 suspected or confirmed cases, including 18 deaths, between April 4 and May 9, 2018. The World Health Organization (WHO) is working with the DR Congo's Government to contain the viral outbreak.

11 May 2018
Irish Eurovision entry censored on Chinese TV
He said the number of LGBTI articles in Chinese press had fallen from 867 pieces in 2015 to 710 in 2016 and just 447 a year ago . Irish singer Ryan O'Shaughnessy's song, which featured a romantic dance number with two men, was heavily censored.

11 May 2018
Russia, Germany Speak About Preserving Iranian Nuclear Deal
French President Emmanuel Macron told Rouhani the same a day earlier. She added that it is "crucial that there is no further escalation".

11 May 2018
Military Options Ready to Stop Iran Developing Nuclear Weapons: Mattis
The sanctions Trump will reinstate target countries, businesses and individuals that deal with Iran's financial system. China is the single largest customer for Iranian oil, accounting for nearly one-third of Iran's oil shipments.

11 May 2018
Ryan Coogler would love to make a female Black Panther spin-off
That would be wonderful if the opportunity came up", Coogler replied, according to Variety . We have these actresses who could easily carry their own movie. "Oh man", Coogler said.