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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLawsuit over Trump tax evasion in Panama takes a strange turn
Disputes about confidentiality rankle both sides as the lawsuit moves forward.
Casey Michel
Jul 2, 2019, 2:27 pm
From suspicions of money laundering, to watching his name vanish from the buildings facade, President Donald Trumps former property in Panama has long served as one of the main headaches for the presidents ongoing business struggles since his ascension to the presidency.
Now, an ongoing lawsuit threatens to open a new chapter in the saga of the former Trump Ocean Club property and fresh questions about the buildings finances.
The building, over which Ivanka Trump helped oversee construction and development, transferred to new owners last year, with Trumps name being removed wholesale from the building. Led by majority owner Orestes Fintiklis, the new owners recently filed a lawsuit in the Southern District of New York alleging that theyd uncovered financial records showing that the Trump Organization had spent years dodging Panamanian taxes.
As The Washington Post summarized:
In the filing, Fintiklis does not give a dollar figure for the amount of taxes Trump allegedly evaded. But he says his company could now face millions of dollars in liability if Panama demands that it pay the taxes Trump did not. Fintiklis also asserts that the Panamanian authorities have audited the hotels books and identified the failure to withhold and pay income taxes relating to Trumps management fees.
https://thinkprogress.org/lawsuit-trump-tax-evasion-panama-19d2a4903f7b/
In other words besides being a tax fraud, he is also a deadbeat, and a cheater...........................and since panama is a signed member of Interpol, maybe they should send out a warrant for his daughter and his arrest.........................
watoos
(7,142 posts)she was behind the Trump tower in Baku that laundered money for the Iranian military.
turbinetree
(24,720 posts)and they are subject to a foreign system of breaking the law , they usually demand extradition or have warrant issued by Interpol............................this is just amazing. I really don't understand why they haven't issued that international warrant...................if it was you or me, they wouldn't be batting a eye about it...........................amazing..........
muriel_volestrangler
(101,361 posts)(plus money, of course). Ivanka desires power and influence. Yes, she's the worst, because she has real ambition.
sinkingfeeling
(51,474 posts)BSdetect
(8,999 posts)Why are our so called Intelligence groups never able to expose these crooks?
mountain grammy
(26,650 posts)and he's the president of America.
Eventually, they have to nail him for something...right?