President’s firm entered partnership with ‘notoriously corrupt’ official to build Trump Tower Baku
A day after Donald Trump designated Iran’s Islamic Revolutionary Guards Corps (IRGC) a terrorist organisation, reports are reemerging of the Trump Organization’s alleged participation in a scheme that likely helped the IRGC launder money to fund its interests abroad.
The US government made the unprecedented move to blacklist another country’s military because, Mr Trump said, the IRGC “actively participates in, finances, and promotes terrorism as a tool of statecraft”.
The designation imposes sanctions including freezing assets the IRGC may have in US jurisdictions and a ban on Americans doing business with the organisation.
But according to a 2017 report by the New Yorker, the Trump Organization signed contracts in 2012 with developers to build a skyscraper in Azerbaijan that appeared “to be a corrupt operation engineered by oligarchs tied to Iran’s Revolutionary Guard”.
View the complete April 9 article by Tom Embury-Dennis on The Independent website here.