New York Attorney General Barbara Underwood today informed of the dissolution agreement of the Donald J.Trump Foundation, under judicial supervision and review of this State agency when being under suspicion of a “pattern of illegality” in the presidential campaign of 2016
According to Underwood, the Foundation signed a stipulation for its dissolution, after a court endorsed a request from the Office of the Prosecutor for that agency not to go ahead.
Last June the Prosecutor’s Office sued the Foundation, incorporated in 1987, which they accuse of numerous irregularities, after two years of investigation, asking for its dissolution, which the court accepted.
The State then argued that there was a “pattern of persistent illegal behavior” in the Foundation, which would have lasted for more than a decade and that includes a “broad coordination of illegal politics” with the presidential campaign.
According to that accusation, said organization raised more than 2.8 million dollars in order to influence the elections and under control of the direction of the campaign of the now president.
Underwood accused Trump of having used his Foundation to pay legal expenses, promote his hotels and other businesses and to acquire personal items
The lawsuit, which also seeks restitution of $ 2.8 million and sanctions and a ten-year ban on Trump and a year for its three older children to serve on boards of other charities in New York, is ongoing. , also indicates the communication of the Office of the Prosecutor on the agreement.
“Today’s stipulation fulfills a key part of the relief sought in our lawsuit.” According to the terms, the Trump Foundation can only be dissolved under judicial supervision, and can only distribute the remaining charitable assets to accredited organizations approved by my office, “Underwood said. the statement from the New York Attorney General’s Office. (EFEUSA) .-