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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy has Congress stalled on investigating money laundering allegations at Trump properties?
Stonewalled by investigators, interest in Trump's former projects in Panama and Azerbaijan seems to have disappeared.
Casey Michel
Apr 11, 2019, 8:00 am
When Donald Trump assumed the presidency in 2017, two of his foreign projects one in Panama and one in Azerbaijan stood out for what appeared to be clear links to foreign money laundering operations. But with Trumps presidency enveloped in an unprecedented number of scandals, congressional willingness to investigate the properties appears to have wilted in no small part because of stonewalling by the current administration.
Both properties were closely associated with Ivanka Trump. Trump described the Trump Ocean Club property in Panama City, Panama, as Ivankas baby, while the Trump Tower Baku project, located in Azerbaijans capital, was something Ivanka herself claimed she oversaw. Both endeavors, however, have been swamped in controversy not simply because of signs pointing to money laundering operations, but because both projects have since imploded, with neither any longer carrying Trumps name.
In Panama, for instance, the indicators of money laundering at Trump Ocean Club Panama, which the Trump Organization helped manage, were impossible to miss. From purchases in cash to bulk sales, from sales to anonymous shell companies to purchasers using bearer shares in which the company is owned by whoever holds a physical stock certificate, without any registry keeping track of ownership the signs were all there. One of the propertys primary sales brokers, Alexandre Ventura Nogueira, admitted in a 2013 conversation secretly taped by a former business partner that he was regularly laundering money across Panama.
And in Azerbaijan, the Trumps chose to partner with one of the most notoriously corrupt members of the countrys notoriously corrupt regime. For good measure, Trumps Azeri partners contracted with an Iranian construction company that appears to have been a front for Irans Revolutionary Guard Corps.
https://thinkprogress.org/where-are-the-investigations-into-the-trump-properties-linked-to-foreign-money-laundering-705464010f8a/
Lock them UP............................
real Cannabis calm
(1,124 posts)riversedge
(70,245 posts)to go near this mess. Just my opine.
......Both properties were closely associated with Ivanka Trump. Trump described the Trump Ocean Club property in Panama City, Panama, as Ivankas baby, while the Trump Tower Baku project, located in Azerbaijans capital, was something Ivanka herself claimed she oversaw. Both endeavors, however, have been swamped in controversy not simply because of signs pointing to money laundering operations, but because both projects have since imploded, with neither any longer carrying Trumps name.
ProudMNDemocrat
(16,786 posts)and keeping quiet about it. Trump Org. is based out of New York. They have jurisdiction.
stillcool
(32,626 posts)how do you choose?
GemDigger
(4,305 posts)It went with the story of Trump saying Iran is now on our shit list.