Donald trump has voluntarily resigned from all his posts in more than 400 private companies. It happened on January 19 on the eve of the inauguration of the 45th President in Washington. A copy of supporting document provided on Monday, CNN’s business Empire, the Trump Organization.
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A document signed by the Republican, provided with a application with a precise list of above-mentioned companies.
Earlier, the lawyer Cherie Dillon of the firm of Morgan Lewis & Bockius outlined a plan intended to avoid conflict of private interests and the state after joining trump as President. He decided to withdraw from all positions in the Trump Organization and to transfer them under the control of his sons Donald and Eric . The billionaire also agreed to consolidate about a hundred of their companies under the auspices of the umbrella group, to conduct General accounting and reporting.
In addition, at the time of the presidency of the Trump Organization trump “freeze” the conclusion of new agreements outside of the U.S. and part of the profits of a chain of hotels in other States will transfer to the Ministry of Finance of his country. As confirmed by Dillon, the future 45th head of state abandoned the idea to get rid of their companies, as this would mean certain their sale for a pittance and the damage to the rest of the family.
Daughter elected President of the USA Ivanka trump along with Eric and Donald trump Jr. has held the positions of Vice presidents of the Trump Organization. Ivanka freed his post and resigned from the leadership of his company, which produces clothing and jewelry.
The Director of the office of government ethics Walter Schaub criticized the plan. Schaub drew attention to the fact that trump has given up only from leadership positions, but not from the right of ownership of their company and the right to continue to receive income from them.
