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Trump Lists Michael Cohen Payment on Financial Disclosure

17 May 2018
Trump Lists Michael Cohen Payment on Financial Disclosure

The official is reportedly anxious that the documents are "being withheld from law enforcement", though another possibility is that they may have been restricted due to their contents, potentially at the request of special counsel Robert Mueller - though sources told The New Yorker such a move would be highly unusual.

In 2016, porn star Stormy Daniels accepted a payment of $130,000 to not discuss her alleged affair with Donald Trump.

The revelations kept coming on Wednesday night.

About 36 after Giuliani first revealed that Trump reimbursed Cohen, the president distanced himself from his lawyer, telling reporters "he will get his facts straight" and "virtually everything that's been said has been said incorrectly".

Though it was published three decades ago, Trump's "The Art of The Deal" past year generated as much as $1 million.

"We wouldn't do it without him", Mr Giuliani said on The Ingraham Angle, according to an excerpt provided by the network. "I think if it's an expenditure rather than a liability, you don't have to disclose expenditures, but that's lawyers quibbling".

Yet a letter accompanying the report sent to Rod Rosenstein, the deputy attorney general, from David J. Apol, the government ethics office's acting director, said that the Office of Government Ethics had determined "the payment made by Mr. Cohen is required to be reported as a liability".

Leaking a "suspicious activity report" is a federal offense, punishable by imprisonment for up to five years and a fine of up to $250,000. Novartis Chief Executive Vasant Narasimhan last week called.

Trump had denied knowing where Cohen received the money to make the payment.

The report also disclosed the income Trump collected from several of his marquee properties, including what he has described as the "Winter White House" in Palm Beach, Fla. The second missing report covered June 2017 to September 2017, and included more than $2 million in suspicious transfers.

The reports are required to be filed in a database by banks to flag activities that appear suspicious. That system is a safeguard for the bank. It " s a stockpile of information. "Things that stand out as abnormal, like documents being removed from a system, are of grave concern to me". "They should be there", said the official. FINCEN's retention policy on its website says incorrect documents and those "deemed highly sensitive" and "requiring strict limitations on access" might be transferred from its master file.

The disclosure, released by the Office of Government Ethics, did not specify the goal of the payment.

Reuters could not immediately independently verify the reports. However, the reports are supposed to be confidential, and there are hefty penalties for unlawfully disclosing them: fines of up to $250,000 and five years in prison.

In his testimony released Wednesday, Trump Jr said he did not tell his father ahead of time about the 2016 meeting at Trump Tower, also attended by the Republican candidate's campaign manager Paul Manafort and son-in-law Jared Kushner.