Trump Organization

Eric Trump attacks Scottish politicians for debate on family's golf courses

Scottish Greens want investigation of Trump finances · Trump Organization owns two courses in Scotland

Eric Trump hit back: “Patrick Harvie is nothing more than a national embarrassment with his pathetic antics that only serve himself and his political agenda"

.epg
EUROPEAN PRESS GROUP

On the eve of a parliamentary vote on whether an investigation should be ordered into the financing of Donald Trump’s Scottish golf resorts, the former US president’s son has castigated politicians for “advancing their personal agendas”. Eric Trump issued the bulletin as the Scottish parliament prepares to host a debate called by Patrick Harvie, the co-leader of the Scottish Greens. The Trump Organization’s executive vice-president also described Harvie as a “national embarrassment”.

Harvie is urging the first minister, Nicola Sturgeon, to seek an unexplained wealth order (UWO) in relation to Trump International, a course in Aberdeenshire, and the famous Turnberry resort in Ayrshire. If granted via courts, a UWO compels businesses or individuals to detail the source of their wealth.

“The Scottish government has tried to avoid the question of investigating Donald Trump’s wealth for far too long,” Harvie told The Scotsman. “There are serious concerns about how he financed the cash purchases of his Scottish golf courses, but no investigation has ever taken place. That’s why I’m bringing this vote to parliament. The government must seek an unexplained wealth order to shine a light on Trump’s shadowy dealings.”

On Tuesday, Eric Trump hit back. “Patrick Harvie is nothing more than a national embarrassment with his pathetic antics that only serve himself and his political agenda,” he said. “If Harvie and the rest of the Scottish government continue to treat overseas investors like this, it will deter future investors from conducting business in Scotland, ultimately crushing their economy, tourism and hospitality industries.”

Harvie is actually an opposition member of the Scottish parliament, with the Greens holding just five seats.

“At a critical time when politicians should be focused on saving lives and reopening businesses in Scotland, they are focused on advancing their personal agendas,” Eric Trump added.

“As a company, The Trump Organization has invested hundreds of millions of dollars into the Scottish economy, rescued Turnberry, a Scottish national treasure on the brink of collapse and rebuilt it into one of the finest resorts anywhere in the world. In both Aberdeen and Turnberry, the Trump Organization has created thousands of jobs and has made an overwhelming contribution to the leisure and tourism industry.

“Today, both courses have been recognized for their iconism with countless accolades. Trump Turnberry and Trump International Scotland have topped the charts in the Top 100 Best Golf Courses in the World and both properties received the highest accolades in the Top 100: UK and Ireland’s Best Golf Courses and Resorts, with Turnberry at No 1 and Aberdeen following at No 2.”

US prosecutors are investigating the Trump Organization’s finances and Trump’s tax liabilities, with significant loans to Trump by Deutsche Bank worth about $340m that become repayable in 2023 and 2024.

The Trump Organization has always been adamant that its Scottish golf courses were bought without any external financing. However, the New York Times reported that in 2016, during the presidential campaign, Trump sought a further loan from Deutsche Bank to fund his refurbishment of Turnberry, using his Doral resort in Miami as collateral.

Read more

Investigators seize documents from Trump executive's former daughter-in-law

Officials from the Manhattan District Attorney's Office took possession of documents potentially related to the Trump Organization and its chief financial officer, Allen Weisselberg, on Thursday as part of an ongoing investigation into the former president's finances.

Trump seeks personal political brand as he grips Republican base

Days after being acquitted in his second impeachment trial last month, Donald Trump issued a statement lashing out against one of the very Republican senators who made that acquittal possible. “The Republican party can never again be respected or strong with political ‘leaders’ like Senator Mitch McConnell at its helm,” the former president said in a statement, after the Republican leader criticized him for inciting the 6 January insurrection at the Capitol. Trump added: “Mitch is a dour, sullen and unsmiling political hack, and if Republican senators are going to stay with him, they will not win again.”

Tax Fraud: Ex-'Fixer' Michael Cohen to speak to investigators for the eighth time

Donald Trump's former lawyer will meet with New York prosecutors for the eighth time on Friday, according to reports, as the investigation into potential tax fraud by the former president gathers steam. Michael Cohen, 54, began working for the Trump Organization in 2006, and in 2018 was sentenced to three years for his role assisting tax evasion and campaign finance fraud. Cohen was released in April 2020 and has been speaking to the team led by Cyrus Vance, the Manhattan district attorney, which is criminally investigating Trump's finances. Letitia James, the New York attorney general, is conducting a civil inquiry into the allegations.

Washington hotel echoes to silence of missing Maga crowd

Once it was like a second White House for the Maga crowd. Now it is in danger of becoming a white elephant. Clobbered first by the coronavirus pandemic, then by its owner’s election defeat, the Trump International Hotel in Washington is reeling from a huge loss of income and prestige. For critics of the former US president, it is welcome proof of how quickly the city is moving on without him.