Trump Discloses More Than $100000 Payment to Michael Cohen in Financial Form
- Author: Rogelio Becker May 17, 2018,
May 17, 2018, 14:42
Cohen has said that days before the November 2016 presidential elections, he had paid United States dollars 130,000 to Daniels for her not to go public about her intimate relationship with Trump.
Trump's claim began to unravel early this month, however, after Rudy Giuliani, a new member of the president's legal team, said Trump had reimbursed Cohen for the sum paid to Daniels - and the president himself subsequently acknowledged the repayment.
Mr Trump previously denied knowing of the $130,000 payment to Stormy Daniels.
A footnote to disclosures submitted Tuesday to the Office of Government Ethics said Cohen had incurred "expenses" on Trump's behalf in 2016 of between $100,001 and $250,000.
President Donald Trump's lawyer and fixer Michael Cohen asked the Qatari government for $1 million in exchange for access to the incoming administration back in December 2016, multiple reports confirmed Wednesday, raising more questions about Cohen's post-election efforts to cash in on his boss's win. Yahoo News reported that while Cohen claimed he stopped pursuing Trump World Tower Moscow in January 2016, text messages and emails obtained by prosecutors and congressional investigators suggest he was still working on the deal in May 2016, when Trump was cinching the Republican presidential nomination.
In this May 16, 2018, photo, President Donald Trump speaks in the Oval Office of the White House in Washington. "Cover-ups should always matter". Cohen's attorney Stephen Ryan did not immediately respond to a request for comment from Reuters on the reports.
The leaker says he knows the consequences of his actions, but that they could not ignore the potential corruption of the FINCEN system.
The Cohen footnote appears in a report giving the first extended look at the president's income from his properties since he became president. His Doral golf course and resort in Miami took in $75 million.
Mr Trump has at least $315 million in debt, about the same as he reported a year ago. Trump owes Deutsch Bank as much as $175 million. One of his biggest lenders is Ladder Capital, which has lent more than $100 million. The latest is the one that fueled last week's reports; it describes transactions with companies including Novartis and AT&T, which occurred from September 2017 to January 2018 and totaled almost a million dollars.
The request to Qatar would be the latest such exchange offered by Cohen to be made public following acknowledgements by USA and European companies last week that they paid Cohen, who was Trump's lawyer for about a decade and self-described "fixer" for Trump. Instead, he put his assets in a trust controlled by his two adult sons and a senior executive. But the president retains ownership of those businesses, through a trust, and can take money out of them at any time. Mr. Trump is also still picking up a Screen Actors Guild pension of almost $65,000 from his years as a reality TV host and sometime bit player in movies.
Cohen made the solicitation to al-Rumaihi at a meeting in Trump Tower in NY on Dec 12, 2016, the Post reported.
Though it was published three decades ago, Trump's "The Art of The Deal" previous year generated as much as $1 million.