Published: Thu, May 17, 2018
Culture | By Antonia Gonzales

Trump admits reimbursing lawyer who paid hush money to a porn star

Trump admits reimbursing lawyer who paid hush money to a porn star

The documents released Wednesday by a U.S. government ethics body, do not specify the reason for the payments to Cohen, who paid $130,000 to adult film actress Stormy Daniels in the run-up to the 2016 election.

In April, Mr Trump said he was unaware Mr Cohen had paid Ms Daniels just before the 2016 election.

US President Donald Trump has officially disclosed his reimbursement to his lawyer for a payment to a porn star to hush her claims of an affair.

Rudy Giuliani, who recently began providing legal representation for Trump, said in a Fox News interview earlier this month that Trump reimbursed Cohen.

The claim came amid continuing scrutiny over the payment and what President Trump know about it. Trump and his personal attorney Cohen initially said the president knew nothing of it.

In a footnote in tiny type on Page 45 of his 92-page disclosure, Mr Trump said he reimbursed his lawyer for "expenses" ranging from $100,001 to $250,000.

David Apol, the acting director of the Office of Government Ethics, sent a letter to Deputy Attorney General Rod Rosenstein Wednesday, saying that, "based on the information provided as a note. the payment made by Mr. Cohen is required to be reported as a liability". The leaker said they knew the risks, and "To say that I am terrified right now would be an understatement".

The financial form, however, did not explicitly say what the payments were for. For instance, it showed that Trump received more than $25 million in income in 2017 from Mar-a-Lago, his private club in Palm Beach, Florida, and more than $15 million in income from his golf club in Bedminster, New Jersey.

"Mr. Cohen sought reimbursement of those expenses and Mr. Trump fully reimbursed Mr. Cohen in 2017", it said. The filing released Wednesday capped the amount Trump paid back to Cohen in 2017 at $250,000, leaving more than $200,000 of the amount Giuliani mentioned unaccounted for.

WASHINGTON - President Trump lashed out at unauthorized immigrants during a White House meeting Wednesday, warning in front of news cameras that unsafe people are clamoring to breach the country's borders and branding such people "animals". The report said the president did not have to disclose the payment but was doing so "in the interest of transparency".

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.

Other properties have not fared as well, including Trump National Doral, a golf resort near Miami, which is Trump's biggest cash flow generator.

Trump has at least $315 million in debt, about the same as he reported a year ago.

While details have slowly emerged about how Cohen leveraged his close ties to Trump in order to receive millions of dollars in consulting deals with domestic and foreign companies, his meeting with al-Rumaihi signals the first time Cohen tried to solicit payment from a foreign government. Trump owes Deutsch Bank as much as $175 million.

Suspicious-activity reports are not proof of criminal wrongdoing, but if the source is correct, last week's reports only covered about a quarter of the $4 million worth of transactions that the bank found fishy. 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.

For operating New York's Wollman Rink in Central Park, the president took in $9.3 million.

The president reported royalties from his 1987 book Art of the Deal in the same $100,000-$1m range as he did previous year - and sales for some of his lesser titles picked up.

Like this: