Saturday, February 1, 2025
spot_img

Trump fined $2 million for misusing charity

Date:

Share post:

spot_img
spot_img

Washington: A New York state judge on Thursday ordered US President Donald Trump to pay USD two million in damages to nonprofit groups to resolve a lawsuit alleging he misused his own charitable foundation to further his political and business interests.
“Trump breached his fiduciary duty to the Foundation, including by allowing his campaign to orchestrate a televised fundraiser ostensibly for the foundation in Des Moines, Iowa, in January 2016, and allowing the campaign to direct the distribution of the money raised from that event to further Trump’s political campaign,” CNN quoted Judge Saliann Scarpulla as saying.
In her decision, however, the judge did not impose one of the outcomes the attorney general’s office sought — a ban on Trump and his children serving on the board of any other New York nonprofit. She also declined to order Trump to pay punitive damages.
The order and settlement bring an end to questions that first arose during the 2016 campaign about whether the president had used the money raised under the guise of charitable work for political gain.
A civil lawsuit filed in June 2018 alleged that the President along with his three eldest children — Don Jr., Ivanka and Eric — violated federal and state campaign finance laws and abused the Donald J. Trump Foundation’s tax-exempt status.
In the agreements, Trump admitted to personally misusing Trump Foundation funds and agreed to reimburse $11,525 to the foundation for its payment of auction items at a charitable benefit and to comply with certain restrictions if he wants to join the board of another New York charity. (ANI)

spot_img
spot_img

Related articles

State of education in Meghalaya

Editor The Annual Status of Education Report (ASER) 2024 provides insights into the educational performance of various states, including...

Prisoners of the past

Every election in Meghalaya is another regression into the past as if the future is too daunting to...

Trump and Modi: Can they really be ‘dear friends’?

By Rajdeep Sardesai “Abki Baar Trump Sarkar,” was prime minister Narendra Modi’s rather effusive chant in September 2019 at...

Dip into divinity: The celestial splash of Kumbh Mela

By Salil Gewali Metaphorically speaking, while Copernicus and Galileo were just beginning to play marbles in the playground of...