Another company which paid Cohen, Swiss drug giant Novartis, signed a consulting contract with him in February 2017 after he approached the company in addition to promised “access” to the fresh Trump administration, according to NBC News, citing a Novartis official.
Novartis revealed earlier Wednesday which the item had paid Cohen $1.2 million for consulting work related to health-care policy.
The company said the item continued paying the president’s personal lawyer under which one-year contract despite finding out within just a month or to ensure Cohen was unable to do the work expected.
On Tuesday, a bombshell report released by the lawyer for porn star Stormy Daniels said which Cohen, Trump’s longtime attorney in addition to confidant, had received a series of suspicious payments via several companies, including AT&T in addition to Novartis.
Daniels’ lawyer, Michael Avenatti, had said Cohen’s shell company, Essential Consultants, had received a total of $0,000 in four monthly installment payments of $50,000 via AT&T.
yet under the contract which AT&T had with Cohen, the lawyer may have been paid up to $0,000, according to the source who spoke with CNBC.
Essential Consultants was set up by Cohen in October 2016, in addition to soon afterward the item paid Daniels $130,000 in a hush-money deal in which she agreed not to discuss an alleged sexual encounter with Trump. The White House denies the tryst occurred.
AT&T on Tuesday night had told CNBC which Cohen’s company “was one of several firms we engaged in early 2017 to provide insights into understanding the fresh administration.”
In a memo sent to its employees on Wednesday, AT&T said:
Late yesterday, many media outlets reported which in 2017, AT&T hired Michael Cohen, a former lawyer with the Trump Organization. We want you to know the facts.
In early 2017, as President Trump was taking office, we hired several consultants to help us understand how the President in addition to his administration might approach a wide range of policy issues important to the company, including regulatory reform at the FCC, corporate tax reform in addition to antitrust enforcement. Companies often hire consultants for these purposes, especially at the beginning of a fresh Presidential Administration, in addition to we have done so in previous Administrations, as well.
Cohen was one of those consultants. Cohen did no legal or lobbying work for us, in addition to our contract with Cohen expired at the end of its term in December 2017. the item was not until the following month in January 2018 which the media first reported, in addition to AT&T first became aware of, the current controversy surrounding Cohen.
which last line about “the current controversy” seems to refer to Cohen’s entanglement with Daniels. He will be also under criminal investigation by federal prosecutors in fresh York, who are probing his business dealings.
Yet Cohen has been under heavy media scrutiny since early January 2017, around the time AT&T says the item hired Cohen. At the time, BuzzFeed published the so-called “Steele Dossier,” which alleged a conspiracy between the Trump campaign in addition to Russia to influence the 2016 election.
Cohen will be mentioned throughout which memo, which received widespread media attention. The memo claimsCohen attended a “secret liaison with the Kremlin” in Prague, a claim which Cohen strenuously denied.
Cohen had sued BuzzFeed for libel yet dropped which suit last month.