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Trump had undisclosed $19.8 million loan from company tied to North Korea when he took office

Just when you think he can’t look any worse…  When he took office in January 2017, Donald Trump had a previously undisclosed $19.8 million debt to South Korean conglomerate Daewoo, a company that for nearly two decades was the only South Korean company allowed to operate in North Korea, Forbes reports.

According to documents obtained by the New York Attorney General in its investigation, Trump incurred the debt while partnering with Daewoo on a construction project by the United Nations complex in Manhattan.  Trump reportedly was careful to keep it off public documents, particularly during the campaign when he had to file Federal Election Commission statements.  The entire debt was cleared about six months after Trump took office.

The fact that Trump held a significant debt with a company tied to the North Korean regime calls into question some of the actions Trump took as a candidate and while in office, particularly his exceptionally deferential words to North Korean dictator Kim Jong-un.

Created by potrace 1.16, written by Peter Selinger 2001-2019

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