Allegations of links to drug cartels and money laundering 🐷
"One, in Panama, was the current president’s first international foray — a building, according to the developer, that Donald Trump wanted to be Ivanka’s “baby.” The other, in Azerbaijan, was a project Ivanka herself claimed she “oversaw” — one for which, according to an Azeri lawyer involved with the project, the president’s daughter “personally approved everything.”
"Neither project succeeded, at least from the Trumps’ point of view. The board of directors of Panama’s Trump Ocean Club eventually fired Trump’s management company, citing budget over-runs and improper bonuses. Meanwhile, the development of Trump Tower Baku was so poorly managed — thanks to shoddy construction and missing payments — that The New Yorker dubbed the building “Trump’s worst deal.” Both remain marked blots on the president’s supposed business chops — and on the record of his daughter, who remains a special adviser to the president.
"But a pair of recent, in-depth investigations reveal the bungled buildings point to far more concerning missteps than mistimed bonuses or poor designs. The president and his daughter appear to have been, at best, unwitting accomplices to money laundering and grand corruption on a significant scale.
"The project in Azerbaijan has been tied to allegations of money laundering from the Azeri dictatorship and those close to the Iranian Revolutionary Guard; the project in Panama has been tied to allegations of money laundering from South American drug cartels. In both instances, the Trumps apparently ignored clear signs of the corruption and money laundering drenching Ivanka’s pet projects."
Ivanka’s signature real estate deals were disasters linked to drug cartels and money laundering
Think Progress, November 18, 2017