Home / US / Critics renew lawsuit over Trump's financial message

Critics renew lawsuit over Trump's financial message

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                  The recent financial disclosure by President Donald Trump showed a decline in revenue at his Mar-a-Lago resort in Florida. | Alex Brandon / AP Photo [19659003] Legal </p>
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President Donald Trump faces a new lawsuit in which he is accused of covering up his personal debts Forms for Annual Disclosure by Filing Them Under the Financial Obligations of Its Undertaking.

The lawsuit filed by Jeffrey Lovitky, the attorney in Washington on Sunday, is a resumption of a complaint filed by him in 2017 His disclosure forms make it impossible to say how much he personally owes and to whom.

The earlier lawsuit was dismissed, according to a district judge had ruled that Trump's mingling of his personal and business debts and federal laws and regulations.

A federal appeals court agreed that the lawsuit was flawed, but left open the question of whether Trump's information was legally acceptable. The DC Circuit panel ruled that the case was misconstrued against Trump in his official capacity as president, as the lawsuit called into question a financial disclosure that Trump had submitted as a candidate when he was not yet president.

The new lawsuit relies on personal disclosure forms for financial data that Trump filed last May and early this week after he took office.

Lovitky claims that the forms not only confuse details about Trump's debt, but also prevent the public from knowing if any of Trump's lenders are suddenly prepared to renounce Trump's recourse to their company's money. [19659007] "Due to the lack of disclosure of personal liabilities, the plaintiff can not assess the nature of the changes in these liabilities that could affect subsequent disclosure statements," the new lawsuit at the US District Court in Washington said.

"If a lender rejected the president's favor by forfeiting his liability for one of the loans mentioned in the May 2018 report, it would be impossible to gather this information from the subsequent reports of the president, since it is impossible to know Of the liabilities listed in the May 2018 report, the President was personally ", adds the 21-page complaint.

A White House spokesman did not comment directly on the lawsuit on Sunday night.

Trump's latest financial report, which was signed on Wednesday and published on Thursday, saw a decline in sales at its resort in Mar-a-Lago last year to around 22 million US dollars after about $ 25 million in 2017. He reported more than $ 315 million in debt for the new form.

The new lawsuit seeking clarification of Trump's financial disclosure comes as Democrats in the House of Representatives press for access to information about Trump's finances and Trump's going high A press in court blocking this investigation.

Lovitky also filed a separate lawsuit in 2017 against Trump's daughter Ivanka and Trump's son-in-law, Jared Kushner, who serve as senior presidential advisers. The action claims that the forms did not provide sufficient information on the holdings of various investment vehicles. This case was put on hold when it went against President Trump.

White House spokesmen have noted that all forms objected to by Lovitky have been officially approved and certified by the Office of Government Ethics.

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