Trump lists payment to Cohen in financial disclosure form

Posted May 17, 2018

In new financial disclosure documents, President Donald Trump reported reimbursing his personal attorney, Michael Cohen, for an expenditure over $100,000 past year - an apparent reference to the $130,000 that Cohen paid to ensure the silence of an adult-film actress who claimed she'd had an affair with Trump.

The Office of Government Ethics released Trump's disclosure form on Wednesday.

Trump has denied the affair with Daniels, who has claimed having "consensual" sex with him in July 2006, or any knowledge of the payment that Cohen made to the her days before the 2016 election.

Cohen made the solicitation to al-Rumaihi at a meeting in Trump Tower in NY on December 12, 2016, the Post reported.

Consistent with similar disclosures, Trump reported that the payments were in a broad range of $100,000 to $250,000.

President Donald Trump filed a financial disclosure form this week acknowledging that he reimbursed attorney Michael Cohen more than $100,000 past year, CNBC reported.

On May 2, Rudy Giuliani, the former NY mayor who joined Trump's personal legal team in April, said Trump had reimbursed Cohen for the payment. Apol's letter was released with the Trump disclosures.

A recent Bloomberg article stated that Novartis had made approximately $1.2 billion United States dollars in payments to Cohen in an agreement signed by Ehrat and Novartis former-CEO, Joe Jimenez.

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CREW executive director Noah Bookbinder said in a statement that the liability revelation suggested that the watchdog was correct in its March complaint, raising concerns around why it was not disclosed in the prior year's filing.

Walter Schaub, a former director of the Office of Government Ethics, tweeted that Apol's letter "is tantamount to a criminal referral".

The payment made by Mr Cohen was between $US100,001 and $US250,000 and there was no interest incurred, the report said.

Mueller is investigating possible collusion between Trump's 2016 presidential campaign and Russian Federation, something that Trump has repeatedly denied. After Giuliani's comment, the president admitted that Cohen had paid Daniels as part of an agreement and denied the affair allegations but reasoned that such payoffs are "very common among celebrities and people of wealth".

The Washington Post notes that while Cohen's solicitation of companies in exchange for access and information about the administration has previously been reported, this incident marks the first time it's been revealed that Cohen sought funds from foreign governments.

Rudy Giuliani, who recently began providing legal representation for Trump, said in a Fox News interview earlier this month that Trump reimbursed Cohen. His Mar-a-Lago resort in Palm Beach, Florida, received 25 million dollars (18.4m), and his golf club in Bedminster, New Jersey, generated 15 million dollars (11m).

When Trump took office, he refused to fully divest from his global business, another break with presidential tradition.