Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al-Saadi: There were concerns that Lahham would be placed under administrative detention.
Al-Saadi: The Israeli occupation authorities could not prove any allegations leveled against Nasser Lahham.
Lawyer Oussama al-Saadi: The oppressive Israeli measures of delaying Lahham's release had vengeful motives.
Nasser Lahham's lawyer said the journalist was released without any conditions or restrictions, adding that the conditions in which he was kept were terrible.
The Israeli occupation authorities release Al Mayadeen Palestine bureau chief Nasser al-Lahham.
Local Syrian sources: An Israeli airstrike targeted a tank and artillery battalion in the city of Izraa in the Daraa countryside
Al Mayadeen's correspondent in eastern Lebanon: 12 martyrs and 5 wounded in Israeli raids targeting the outskirts of Wadi Fa'ra in the northern Bekaa Valley
Local Syrian sources: More than 10 Israeli raids targeted Sweida, with information about more than five casualties from the Internal Security Forces
Local Syrian sources: Initial reports indicate that approximately 15 people were killed or wounded at the al-Radwan family's guest house in Sweida following a direct exchange of gunfire
Israeli media, citing Israeli political sources, reported that the Shas movement is expected to withdraw from the government within less than 24 hours

Missing $19.8mln loan owed to Daewoo found on Trump documents

  • By Al Mayadeen English
  • Source: Agencies
  • 6 Dec 2022 09:53
  • 3 Shares
3 Min Read

Suspicion arises as the documents obtained state that Daewoo was bought out of its position in 2017 without stating how and who paid the debt.

  • x
  • Former US president Donald Trump (Zing News)
    Former US president Donald Trump (Zing News)

A Forbes report on Sunday, citing documents acquired by the New York state attorney general, showed evidence of an unreported loan of $19.8 million owed by former US president Donald Trump to the South Korean firm, Daewoo.

The loan was not disclosed by the former President, according to Forbes.

The $19.8mln balance remained the same from 2011 to 2016. But five months after Trump took office, the balance plunged to $4.3mln, as stated on Trump’s finances as of June 2017. Allen Weisselberg, Trump’s chief financial officer, declared the year before that Trump had disclosed all debts related to companies he had a 100% share in.

Trump and Daewoo collaborated on the Trump World Tower, near the UN headquarters in New York City. Trump’s name is even found on six South Korea-based properties established from 1999 to 2007.  Outlet reports allege, however, that the deals “stems from an agreement Trump struck to share some of his licensing fees with Daewoo."

Suspicion arises as the documents obtained by the attorney general stated that “Daewoo was bought out of its position on July 5, 2017,” without stating how and who paid the debt and without being disclosed on Trump's public financial disclosure reports. 

Related News

Trump executive pleads guilty in tax case, agrees to testify

Although the amount was stated on the internal documents pertaining to the Trump Organization, Trump was required under disclosure laws to hand over the papers to the feds during his time as President and even before taking office. 

This may not surely indicate that laws may have been violated by Trump, yet the debt itself represents a conflict of interest.

In a series of other chaotic mess-ups Trump has made the last few years, jurors on Monday began their part in the Trump Organization tax fraud trial in the state of New York. The lawsuit against the company is based on the accusation of fraud and tax evasion.

During Trump's presidency, the Treasury Department refused to turn over the documents in the dispute over his tax returns. However, the Biden administration argued that it is clear from the federal law that the committee has the authority to review the tax returns of any taxpayer, including the President. 

Trump's arguments that the committee was overstepping its bounds and only wanted the records so they could be made public were rejected by lower courts, which agreed that the committee had broad authority to obtain tax returns.

Chief Justice John Roberts imposed a temporary freeze on November 1 to give the court time to consider the legal arguments made by Trump's attorneys, as well as the administration and the House of Representatives rebuttals.

#Trump's controversial mess-ups are many, from his gun, immigration, and international policies. pic.twitter.com/Ccsyz2k2aC

— Al Mayadeen English (@MayadeenEnglish) November 18, 2022

  • Allen Weisselberg
  • US
  • North Korea
  • Daewoo
  • Donald Trump
  • South Korea

Most Read

Hezbollah SG reveals war details on Al Mayadeen for the first time

Hezbollah SG reveals war details on Al Mayadeen for the first time

  • Politics
  • 8 Jul 2025
Yemen Navy sinks ETERNITY C ship, shares footage of operation

Yemen Navy sinks ETERNITY C ship, shares footage of operation

  • Politics
  • 9 Jul 2025
This satellite image from Planet Labs PBC shows damage after an Iranian attack at the al Udeid Airbase outside of Doha, Qatar, June 25, 2025 (Planet Labs PBC via AP)

Satellite images show Iran attack damaged US comms dome in Qatari base

  • Politics
  • 11 Jul 2025
An Israeli soldier abandons an excavator during an ambush by al-Qassam Brigades. Arabic text reads "The moment the soldier fled", July, 10, 2025 (Al Qassam Military Media)

Israeli media rue al-Qassam footage, alarmed by fighters among troops

  • Politics
  • 11 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Syrian government forces deploy at the Mazraa village on the outskirts of city of Sweida, where clashes erupted between Bedouin clans and Druze factions, southern Syria, Monday, July 14, 2025 (AP)
Politics

Gulf-backed negotiations underway in Syria's Sweida to end clashes

UN: 798 Palestinians killed while trying to reach aid in Gaza
Palestine

UN: 798 Palestinians killed while trying to reach aid in Gaza

A damaged car is seen at a field that was hit in an Israeli airstrike in Nabi Sheet village, in Lebanon's eastern Bekaa Valley, Wednesday, August 21, 2024 (AP)
Politics

Hezbollah condemns Israeli Bekaa massacre, urges action from Lebanon

Palestinians walk next to the closed humanitarian aid distribution center of UNRWA, the UN agency helping Palestinian refugees in Jabaliya, Gaza Strip, on Tuesday, April 29, 2025 (AP)
Politics

Israeli regime cuts electricity, water supplies to UNRWA Gaza offices

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS