Even though the investigation into Trump Foundation’s practices still continues, President-elect Donald Trump announced that he plans to shut it down in the near future, in order to avoid “even the appearance” of any conflict of interest, says BBC.
…but he can’t actually stop the foundation’s activity
Currently, New York’s attorney general is investigation the suspected “impropriety” at the foundation, fact denied by the businessman. Also, the attorney general’s office contradicts Donald Trump, saying that he isn’t allowed to shut down the whole thing while the investigation is still on.
“The foundation has done enormous good works over the years in contributing millions of dollars to countless worthy groups, including supporting veterans, law enforcement officers and children,” Donald Trump said in a statement.
“However, to avoid even the appearance of any conflict with my role as president I have decided to continue to pursue my strong interest in philanthropy in other ways,” he added.
The suspect activities happened back in 2013
The Trump Foundation is investigated in order to ensure that it was “complying with the laws that govern charities in New York”.
“We have been concerned that the Trump Foundation may have engaged in some impropriety from that point of view,” said New York Attorney General Eric Schneiderman. His office has been investigation the foundation since June, after a donation made to a group supporting Republican Florida Attorney General Pam Bondi, in 2013, started raising some question marks. In the end, it turned out that the donation was a mistake, according to reports.