Trump has to pay millions for illegal business of his foundation

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Updated on 08 November 2019, 07:22

In fact, Donald Trump's foundation was supposed to raise funds for charity. But that was not the case, instead, the money went into the election campaign of today's US president. Trump should now pay punishment.

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US President Donald Trump has to pay two million dollars (1.8 million euros) for his foundation's illegal business. That ruled a court in New York on Thursday. This is part of an agreement to settle the legal dispute surrounding the Trump Foundation, which began in 2018.

The prosecutor's office in New York accused Trump and his three oldest children – Eric, Ivanka and Donald Trump Jr. – in a lawsuit in June 2018, of illegally conducting their own business with regard to the foundation.

In addition, they had supported Trump's presidential campaign in an illegal way. The foundation was therefore "an empty shell" whose board has not met since 1999 and in which since Trump alone made the decisions.

Embezzled donations?

Concretely, the Trumps are said to have collected donations of 2.8 million dollars (2.5 million euros) with the foundation in order to influence the presidential election campaign.

With the funds Trump had also settled open legal claims against his vacation home Mar-A-Lago in Florida and a golf club, Trump hotels advertised and bought things for personal use.

The public prosecutor's office had then instituted a procedure to dissolve the Foundation under judicial supervision. The resolution was finally sealed in late 2018.

Trump publishes statement

In a statement that was posted by him on Twitter, the US President is defending himself against the prosecution. There would only have been "incredibly effective philanthropy" and only "minor technical violations". He is the "probably only person in history" who would donate a lot of money and still be attacked.

The remaining assets of the Foundation and the additional two million dollars that Trump now has to pay should be distributed to several charities, according to the New York prosecutor.

(Mss / dh / dpa)

US President Donald Trump fights in the Ukraine affair for his political survival. These three scenarios are conceivable.

(tagsToTranslate) Donald Trump Jr. (t) Foundation (t) Public Prosecutor (t) New York

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