Fusion GPS, the research firm commissioned by the Clinton campaign to compile the so-called Trump dossier, is also responsible for a second dossier — the information that Kremlin-connected lawyer Natalia Veselnitskaya provided to top Trump-campaign officials in June 2016. The second dossier reportedly alleged financial misconduct by major contributors to the Clinton Global Initiative, a project of the Clinton Foundation.
Fusion dug up this information in connection with its work in behalf of Prevezon, a Russian company controlled by Putin cronies. At the time, Prevezon was the defendant in a multi-million-dollar asset-forfeiture suit brought by the Justice Department. The suit stemmed from the Putin regime’s fleecing of an investment fund called Hermitage.
Years earlier, to investigate the Russian government’s role in the fraud, Hermitage hired Sergei Magnitsky, a private lawyer in Moscow. His exposure of the Putin regime’s complicity led to his imprisonment, torture, and murder. That atrocity led Congress to pass the 2012 Magnitsky Act, which allows the federal government to seize and forfeit fraud proceeds. This, in turn, has led to a furious Kremlin campaign to smear Hermitage’s chief executive officer, Bill Browder, and to get the Magnitsky Act repealed. In the United States, that campaign has been spearheaded by Veselnitskaya.
It was the Magnitsky Act that the Justice Department used to sue Prevezon. Veselnitskaya is Prevezon’s lawyer in Moscow, and she helped the company retain American counsel to defend them in the suit — a lawyer ironically named John Moscow and his firm, Baker Hostetler. These lawyers hired Fusion GPS to do research on Browder and Hermitage for litigation purposes. It was in that role that Fusion prepared the dossier, which, as far as we currently know, did not actually implicate Mrs. Clinton directly in any misconduct.
My conjecture is that there are three explanations for what happened here, none of which excludes the others: (a) The Russians do not understand American political campaigns well enough to appreciate that alleged misconduct by a donor does not hurt a candidate if the candidate is not complicit in the misconduct; (b) the Putin regime attempted (unsuccessfully) to lure the Trump campaign into its anti–Magnitsky Act effort by convincing Don Trump Jr. and other campaign officials that there was a useful anti-Clinton angle to be exploited; and (c) the Putin regime calculated that, simply by taking a meeting with a Kremlin emissary on the promise of damaging information about Clinton, the Trump campaign would foolishly expose itself to blackmail by Putin.