Russian Firm Tied to Trump Tower Meeting Balks at Settlement Payment
- U.S. may file request with judge to enforce agreement terms
- Prevezon represented by lawyer who met with Donald Trump Jr.
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A Russian-controlled firm is balking at paying a $5.9 million settlement to the U.S. that let it avoid a trial which threatened to expose an intricate international money-laundering scheme.
Prevezon Holdings Ltd. says it agreed to pay the U.S. once the government of the Netherlands released 3 million euros ($3.5 million) belonging to it that were frozen. Since the money hasn’t been released, Prevezon says it’s not obligated to pay the settlement.