FMARD Recruitment 2021  Yobe State SUBEB recruitment portal Federal Ministry of Foreign Affairs Recruitment

Judge Orders Trump to Pay $2M for Charity Foundation Misuse

1 min


A New York judge on Thursday ordered President Donald Trump to pay $2 million to an array of charities to resolve a lawsuit alleging he misused his own charitable foundation to further his political and business interests.

Judge Saliann Scarpulla said Trump breached his fiduciary duty to the Trump Foundation by allowing his campaign staff to plan a fundraiser for veterans’ charities in the run-up to the 2016 Iowa caucuses.

The event, which passed money through Trump’s non-profit, was designed “to further Mr. Trump’s political campaign,” Scarpulla said.

The judge also signed off on agreements reached last month between Trump’s lawyers and the New York attorney general’s office to close the Trump Foundation and distribute about $1.7 million in remaining funds to other nonprofits.

READ ALSO  Gov Yahaya Bello: A Professional Debtor, Kogi's People Headache - Ahmed.

In the agreements, Trump admitted to personally misusing Trump Foundation funds and agreed to pay back $11,525 in the organization’s funds he spent on sports memorabilia and champagne at a charity gala. He also agreed to restrictions on his involvement in other charitable organizations.

RSS
Jobs Vacancies in Nigeria


Like it? Share with your friends!

Jake Clifford

Jake Clifford is a Nigerian Born blogger and a fast growing Journalist, whose aim is to inform Nigerians with happening across Nigeria. Send story tips to him via [email protected] or

0 Comments

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.