Haney agreed to pay Cohen $10 million if Bellefonte Nuclear Plant funding was approved
The Wall Street Journal reported Thursday that Chattanooga real estate developer and top Trump donor, Franklin Haney, agreed to pay then-President Donald J. Trump’s personal attorney Michael Cohen $10 million for his help in obtaining funding to finish the Bellefonte Nuclear Power Plant in Hollywood, Alabama.
The Wall Street Journal reported that Cohen’s consulting deal with Haney in April could have been among the most lucrative deal struck by the President’s former personal attorney. Following Trump’s election, Cohen was busy using his close relationship with the new President in order to land millions in consulting contracts for himself from a variety of interests seeking influence with the new administration.
Haney allegedly sought Cohen’s help to obtain funding for his nuclear-power plant in Jackson County, including a $5 billion loan from the U.S. government’s Department of Energy.
The WSJ writers claim that they have learned this from “people familiar with the matter.”
Haney, who made his fortune in real estate, purchased the unfinished nuclear power plant from the Tennessee Valley Authority in 2016 and has been busy trying to obtain the funding to get the nuclear power plant up and running. He has a November deadline to complete the deal.
Read more: http://www.alreporter.com/2018/08/03/report-haney-agreed-to-pay-cohen-10-million-if-bellefonte-nuclear-plant-funding-was-approved/
= new reply since forum marked as read
