on Tuesday, it became known that president Donald Trump has agreed to lay down their private foundation, the Trump Foundation as a result of an ongoing lawsuit from the state of New York, writes the Washington Post."Continuing unlawful behavior"
the Lawsuit, which became known in august, came as a result of a two-year investigation after the Washington Post put a critical spotlight on the foundation.
"Little else than a checkbook for the payments from the mri. Trump" was district attorney Barbara Underwoods description of the operation of the foundation when the lawsuit became known.
the district attorney believed that Trump and his children have abused charitable funds to promote their own political and economic interests.
the Money will among other things have been used to promote Trump's own hotels and buy things for him and his family.
the Prosecutor believes that Trump has used the foundation to pay out $ 100,000 in connection with a tvisteforlik regarding Trumps residence Mar-a-Lago in Florida, and 158 000 dollars should have been spent on a settlement for a golf tournament.
In the lawsuit from last summer, it was also alleged that the foundation, which Trump created in 1987, had dealt in "persistent illegal conduct."
Our investigation shows that the Trump Foundation has been involved in a shocking pattern of illegal practices, including illegal coordination with Trumps presidentkampanje, " says Underwood now.
" This is an important victory for the law, which makes it clear that there is only one set of rules that apply to all.
the Trust has now signed an agreement which means that it dissolves while the action is processed.
In addition, the president, Trump has agreed to distribute the foundation's remaining funds to other charitable institutions. It is about 1,75 million dollars.- Politiserer agreement
Trump has all the way refused that there has been illegality in the foundation. Towards the end of 2016, he said that he wanted to lay down the foundation before he became president to avoid conflict of interest, but the u.s. attorney in New York city blocked it as the investigation continued.
a Lawyer for the Trump Foundation, Alan Futerfas, criticize in a statement the public prosecutor to "politicize" the agreement they have now been agreed.
"the Foundation has wanted to dissolve and distribute its remaining funds to other worthy charitable causes since Donald Trump won the presidential elections in 2016. Unfortunately, the u.s. attorney in New York city prevented this information in almost two years, and thus deprived them of the greatest needs of the foundation's money", called it in a statement from Futerfas.
He also points out that in the course of its history, the foundation awarded 19 million dollars, including 8,25 million dollars donated by Trump himself. The rest of the money has come from other wealthy donors.Trump-the storm is becoming increasingly powerful: - Like drinking from a fire hose
When the lawsuit became known in the summer raged Trump against both the democrats and the newly avgåtte prosecutor Eric Schneiderman.
"The sneaky New York democrats, and their now disgraced (and chased out of town) attorney general Eric Schneiderman is doing everything they can to sue me for a foundation that collected 18.8 million dollars and distributed more than 19.2 million dollars to charity. I make no settlement in this case", tvitret Trump.
In addition to that, the foundation is now laid down also requires the u.s. attorney in the lawsuit that neither the president Trump or his three oldest children may have several directorships in charitable foundations.Need to sell assets
another thing that is included in the agreement that now exists between the public prosecutor and the Trump Foundation is that the foundation must sell the assets they have and give the money to charitable purposes.
These assets include the signed helmet to the former NFL player, quarterbacken Tim Tebow, which Trump, on behalf of the foundation, bought at an auction for 12 000 dollars in 2012.
the Foundation also owns two major Trump-portraits, that Trump used the 30 000 dollars of the foundation's money to buy.
The three assets are now, by Trump, valued at total of 975 dollars.the Prosecutor general's meetings Trump: To have used the charitable foundation to the election and hotellreklame