Tuesday, 18 December, 2018

President Trump admits he repaid attorney Michael Cohen in financial form

U.S. President Donald Trump's personal lawyer Michael Cohen arrives at his hotel in New York U.S. President Donald Trump's personal lawyer Michael Cohen arrives at his hotel in New York City U.S
Kenny Thornton | 16 May, 2018, 23:20

Cohen made a $130,000 payment to porn star Stormy Daniels, whose real name is Stephanie Clifford, shortly before the November 8, 2016, presidential election in exchange for her staying silent about an alleged affair she had with Trump.

The Office of Government Ethics "has concluded that, based on the information provided as a note to part 8, the payment made to Mr. Cohen is required to be reported as a liability", the agency's acting director David Apol said in a letter to Deputy Attorney General Rod Rosenstein.

Trump's latest form said the reimbursement was being reported "in the interest of transparency", though it did not have to be disclosed as a reportable liability.

The form says the reimbursement amount was between $100,001 and $250,000. Daniels says she had an affair with the president. Giuliani indicated in an interview earlier this month that Trump reimbursed Cohen in installments.

Trump confidant and adviser Rudy Giuliani described the transaction by saying money was "funneled through" Cohen's law firm.

Pokemon For Nintendo Switch Could Be Officially Announced This Month
Emily Rogers is a well-connected video games industry veteran who used to break news before moving to the game creation side. Obviously, none of this info has been verified yet, so we'll just have to wait it out until Ninty drops an official reveal.

"In 2016, expenses were incurred by one of Donald J. Trump's attorneys, Michael Cohen", read a footnote on the form, which was released by the Office of Government Ethics. According to earlier reports, Essential Consultants reached out to Novartis in February 2017, promising senior officials access to President Trump if they contracted with their company.

Trump submitted the form on Tuesday, the deadline for administration employees to file their financial documents.

The document is being closely watched by ethics experts to see whether it discloses the $130,000 paid to porn star Stormy Daniels on his behalf by his attorney Michael Cohen.

Last year's disclosure revealed that Trump's total income from January 2016 through January 2017 was somewhere between $600 million and $650 million.

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