Trump maintains Chinese bank account - NYT

  • Trump maintains Chinese bank account - NYT

Kyiv: U.S. president Donald Trump maintains account of bank controlled by Trump International Hotel Management LLC, New York Times informs.

It’s noted that from 2013 to 2015, company belonged to Trump paid taxes amounting to $188 561.

Thus, according to NYT, Trump owns THC Chine Development company which is also registered in China. In 2017, it garnered more than $17 million.

Besides that, according to media sources linking to tax revenues at disposal of agency, American president also has bank accounts in Great Britain and Ireland.

According to Trump International Hotel Management LLC lawyer Alan Garten, company opened account in Chinese bank for ease of doing business. 

,,No deals, transactions or other business activities ever materialized and, since 2015, the office has remained inactive. Though the bank account remains open, it has never been used for any other purpose’’, the lawyer told the agency.

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