The Trump Family Made Millions from Drug Cartels and the Russian Mafia in Panama City: Report

The following article by Liza Posner was posted on the AlterNet website November 17, 2017:

Maybe we should start calling the president’s Florida estate “Mar-a-Narco.”

Trump Tower Panama City. Credit: WIkiPedia

Robert Mueller has some new material to work with as he continues his investigation of the Trump administration’s ties to Russia. A new report shows that for 10 years, a Trump property in Panama City collected millions of dollars from the Russian mafia and Colombian drug cartels. An investigation from Global Witness, an international NGO that probes corruption and money laundering, reveals how the Trump Ocean Club International Hotel and Tower turned a blind eye to crime lords looking for a safe haven to stash their blood money.

The property, which the lead broker Alexandre Ventura Nogueira describes as “Ivanka Trump’s baby,” listed units for three times the going rate in Panama City, thanks to the Trump name. Nogueira worked closely with the Trump family; he claims he attended at least 10 meetings with Ivanka Trump, who challenged him to sell 100 units in the building. “The agreement was, I had a week to sell 100 units,” Nogueira told Reuters. “I said, ‘I’m going to do better, I’m going to sell without telling (the buyers) the price.’” Continue reading “The Trump Family Made Millions from Drug Cartels and the Russian Mafia in Panama City: Report”