![]() But Trump’s Atlantic City casinos paid $10 million in fines two years ago for noncompliance with federal rules about money laundering. You need to do strict due diligence.ĭavidson’s case is strictly circumstantial since he can’t subpoena the kind of internal corporate records that would demonstrate clearly what the Trump Organization knew - or didn’t want to know - about the Mammadovs or their Iranian friends. You can’t simply say you didn’t know that the developer who was paying you for your licensing services was actually getting his money from a Revolutionary Guard front group. The legal rules barring US firms from receiving funds that originated with a sanctioned Iranian entity, which certainly includes the Revolutionary Guard, are quite strict. The other is whether the Mammadov-Azarpassillo nexus violates US sanctions against Iran. One is whether Trump’s business ties to an extraordinarily corrupt Azerbaijani family involved violations of the Foreign Corrupt Practices Act, a law that Trump has been sharply critical of in public but which remains on the books and which Attorney General Jeff Sessions swore during his confirmation hearings he was committed to upholding. The story raises two related legal issues.
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