Tuesday, October 18, 2016

Donald Trump’s company allegedly violated Cuba trade embargo, Newsweek says

Source : CNBC

103970341-gettyimages-610599772-530x298

Republican presidential nominee Donald Trump looks on during the Presidential Debate at Hofstra University on September 26, 2016 in Hempstead, New York.
A company controlled by Republican presidential candidate Donald Trump secretly conducted business in Cuba in the late 1990s in violation of the long-running trade embargo, Newsweek will report on Friday, citing interviews with former executives, internal company records and court filings.
That was according to an MSNBC report which aired late on Thursday.
Documents indicated that the Trump company, then called Trump Hotels & Casino Resorts, spent at least $68,000 in 1998, with Trump's knowledge, funnelling the cash through a consulting firm so that it could appear legal by tying it to an after-the-fact charitable endeavour, the report said.
While the Newsweek report has not yet been published, the article's writer, Kurt Eichenwald, tweeted that MSNBC would be breaking the findings of his investigation.

No comments:

Post a Comment