To avoid divided interests, 'Donald Trump' to push down his Charitable Foundation
To avoid divided interests, 'Donald Trump' to push down his Charitable Foundation
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Donald Trump has decided to shut down his charitable foundation so as to concentrate on his new and fully occupying duty of being US-President from January 20th. Giving a statement while addressing the people on Christmas eve he said that he has asked his lawyers to disperse the charity. 

Trump said, “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. 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.”

Although the charity foundation was surrounded by many allegations from counting on to not registering properly , not filing audited accounts and charity funds being used for business litigations.

Democratic party members have also been critical about Trump's charity foundation saying, "There is something richly symbolic about Donald Trump choosing Christmas Eve to shutter the one part of his financial empire that could in theory have a positive impact on people’s lives, if it were being used in the right way,"

It added, "He still has not taken any concrete steps to divest from his business, which currently allows him to profit off of the presidency while leaving him susceptible to foreign influence. Shuttering a charity is no substitute for divesting from his for-profit business and putting the assets in a blind trust – the only way to guarantee separation between the Trump administration and the Trump business.”

 

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