Uber leak: Company lobbied oligarchs, Sberbank to forge ties in Russia – The Washington Post
The company had worked hard to forge ties in a nation notoriously tricky for Western businesses and had leaned on all the questionable, grow-at-all-costs tactics that had become its hallmark around the globe.
It cultivated oligarchs and government officials at a time when the country faced growing international condemnation for seizing Crimea from Ukraine and stoking war in that country’s east. It sold a $200 million stake to a pair of oligarchs in a quest to get close to Russian President Vladimir Putin, despite the authoritarian drift of Putin’s government, then, according to previously unpublicized emails among company executives, offered a $50 million deal sweetener that it didn’t publicize. It agreed, emails show, to hire a lobbyist for as much as $650,000 in an arrangement so concerning to Uber’s lawyers that they insisted the lobbyist submit to training in U.S. anti-bribery law.
Uber’s approach appeared to be working, and on the second night of Kalanick’s trip, tech…
Read Full Story: https://www.washingtonpost.com/world/2022/07/11/uber-leak-russia-lobbying/
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