The majority owners of the former Trump Panama hotel — who last year removed President Trump’s name and cut ties with his company — say they’ve discovered old financial records showing that the Trump Organization was evading Panamanian taxes, according to a new legal filing.
That filing was made Monday in federal court in New York by Orestes Fintiklis, a Cypriot investor whose company is the majority owner of the building that once housed the Trump Ocean Club in Panama City. In March 2018, Fintiklis sought to fire the Trump Organization as the hotel’s manager — setting off an odd 10-day standoff that included visits from the police, shoving matches between Fintiklis’s staffers and Trump loyalists, and occasional piano concerts by Fintiklis in the lobby. Eventually, a Panamanian judge gave him control.
Now, the hotel is a Marriott. But Trump’s company and Fintiklis are still suing each other for millions in damages, with each accusing the other of breaching their prior agreements.
View the complete June 3 article by David A. Fahrenthold on The Washington Post website here.