Donald Trump’s Secretary of State secretly runs Russian oil company out of Bahamas

Donald Trump’s Secretary of State pick Rex Tillerson is already known to have deep financial and personal ties to Vladimir Putin’s Russia, making him the latest member of Trump’s team to be viewed at little more than a Russian puppet. But newly leaked information given to a German newspaper reveals that in addition to being the CEO of Exxol-Mobil, Tillerson is also on the board of directors of a Russian oil company that’s based out of the Bahamas.

The leaked documents were anonymously provided to German language newspaper Süddeutsche Zeitung, which published it in a href=”″ target=”_blank”>this article, and then it was subsequently reported in English by British newspaper The Guardian in this article. The upshot is that Rex Tillerson is on the board of an oil company called “Exxon Neftegas” which is a subsidiary of Exxon-Mobil. The existence of this Russian subsidiary is already common knowledge. But because it’s based in the tax haven of the Bahamas, the company had never been forced to disclose that Tillerson sits on its board, instead keeping it a secret for nearly twenty years – until someone finally leaked it today.

Sitting alongside Rex Tillerson on the board of directors of Exxon Neftagas: individuals from the Russian cities of Sakhalin and Moscow. It’s yet another piece of evidence linking Tillerson to Russia and Vladimir Putin, after it’s already been documented by Politico and others that Tillerson and Putin are close personal friends. In fact Saturday Night Live lampooned the relationship between the two men just last night.

Palmer Report articles are all 100% free to read, with no forced subscriptions and nothing hidden behind paywalls. If you value our content, you're welcome to pay for it:
Pay $5 to Palmer Report:
Pay $25 to Palmer Report:
Pay $75 to Palmer Report:

Sign up for the Palmer Report Mailing List.
Write for the Palmer Report Community Section.

Leave a Comment