Trump

House Panel asks Federal Agency to Do Their Dirty Work Against Trump

Suddenly, 10 years of financial records are inaccurate. The House Committee on Oversight and Reform has urged the General Services Administration to terminate Trump’s lease on a Washington, DC hotel. Mazar’s is dropping Trump as a client. He might be looking to sell since he lost $70 million in the hotel while he was President. The feds may be using any method, true or not, to harass and drain him further.

Trump was a successful businessman

“New information, including that former President Trump may have submitted inaccurate financial information to the federal government to obtain this lease and that he stands to reap millions in profit from selling the lease, reinforce the serious ethical and legal concerns previously raised by the Committee,“ says the Democrats that may have equally shady deals of their own.

Oversight Chairwoman Carolyn Maloney of NY and government operations subcommittee chair Gerald Connolly of VA penned the letter that was sent to the GSA. “We request that you consider terminating the Old Post Office Building lease to former President Trump and the Trump Organization under the authority provided in Article 27 of the lease, and end, once-and-for-all, the grave damage this inappropriate lease has done to presidential ethics and integrity in government contracting,”

Trump probably just wants to recover losses

Trump planned on selling the lease for $375 million which would have netted him $76 million. Mazar’s has disavowed a decade of his financial records. They “should no longer be relied upon.”

New York Attorney General Letitia James has helped with this. She’s chasing Donald Trump Jr. and Ivanka too. She asked a NY judge to order documents and testimony from family members.

Trump competed for the Old Post Office

The committee said Mazar’s had sent three years of records to the GSA for that. This oversight panel suddenly said these documents can’t be trusted. They were “incomplete, misleading, and in violation of the express terms of the solicitation” and said there were “significant omissions” in assets and liabilities.

Those three years were prior to the years Mazar’s has now retracted. Earlier records “contain potential misrepresentations” of his assets “that are similar to those identified by state investigators,” Maloney and Connolly wrote.

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