Article 71XZV Fossil-fuel billionaires bought up millions of shares after meeting with top Trump officials

Fossil-fuel billionaires bought up millions of shares after meeting with top Trump officials

by
Andy Rowell and Nina Lakhani
from US news | The Guardian on (#71XZV)

Co-founders' acquisition of Venture Global shares before key permit granted draws scrutiny as pair deny wrongdoing

Two fossil-fuel billionaires with close ties to Donald Trump bought millions of shares in the company they co-founded just days after a meeting with senior White House officials, who then issued a key regulatory permit that helped expand the company's fortunes in Europe.

Robert Pender, an energy lawyer, and Michael Sabel, a former investment banker, are the founders and co-chairs of Venture Global, a Virginia-based company that develops and operates liquefied natural gas (LNG) export terminals.

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