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Well well well. Trump had an unreported loan with a company with links to North Korea. [1]
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Date: 2022-12-05
ICYMI, news came out this weekend that Trump had some financial interests he did not disclose while Presidenting, including one with a company with connections to North Korea.
From The Guardian:
Donald Trump failed to disclose a $19.8m loan from a company with historical ties to North Korea, while he was the US president, according to a new report.
Documents obtained by the New York attorney general, and reported by Forbes, on Sunday indicate a previously unreported loan owed by Trump to Daewoo, the South Korean conglomerate.
Daewoo was the only South Korean company allowed to operate a business in North Koreaduring the mid-1990s.
…According to documents reviewed by Forbes, the $19.8m balance remained the same from 2011 to 2016. Five months into Trump’s presidency, the balance dropped to $4.3m, according to paperwork that showcased Trump’s finances as of 30 June 2017.
Soon after, “Daewoo was bought out of its position on July 5, 2017,” the documents said, without disclosing who satisfied the debt.
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