President Donald Trump has agreed to
shut down his personal charity, the Trump Foundation, which has been accused of
engaging in “persistently illegal conduct,” the New York attorney general said
on December 18, 2018.
“The Trump Foundation has done great
work and given away lots of money, both mine and others, to great charities
over the years — with me taking NO fees, rent, salaries etc,” Trump tweeted.
The New York state attorney general
painted a far different view of the Trump Foundation on Tuesday, saying it had
been “little more than a checkbook to serve Mr. Trump’s business and political
interests.”
Attorney general Barbara Underwood
said it had been agreed with lawyers for the Trump Foundation that it would be
dissolved and its remaining assets distributed to other charities.
Trump claimed he was being treated
unfairly by partisan Democrats and was the victim of what he called a “total
double standard of ‘justice.'”
In announcing that the Foundation
would shut down, Underwood said it was “an important victory for the rule of
law, making clear that there is one set of rules for everyone.”
She said there had been a “shocking
pattern of illegality involving the Trump Foundation –- including unlawful
coordination with the Trump presidential campaign, repeated and willful
self-dealing, and much more.”
The New York attorney general filed
a lawsuit against the Trump Foundation in June, accusing it of “persistently
illegal conduct.”
The suit, which continues to move
forward, names the president, his sons Donald Trump Jr. and Eric Trump, and his
daughter Ivanka Trump, who were on the board of the foundation.
The suit seeks $2.8 million in
restitution and to bar Trump, Don Jr, Eric and Ivanka from serving on the
boards of other New York non-profits.
According to the suit, Trump used
foundation funds to settle lawsuits, promote his Trump-branded hotels, and for
personal spending — including the purchase of a portrait that was displayed at
one of his golf clubs.
The civil lawsuit is one of many
legal woes facing Trump, whose election campaign is being investigated by
Special Counsel Robert Mueller for possible collusion with Russia.
Last week, Trump’s former lawyer,
Michael Cohen, was sentenced to three years in prison for paying hush money to
two women who claimed to have had affairs with Trump and for other crimes.
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