President Donald Trump criticized the new lawsuit that accuses his personal charity of being engaged in illegal activity over the last 10 years, as well as unlawful coordination with his 2016 presidential campaign.
President Trump on Twitter bashed New York Attorney General Eric Schneiderman, who resigned last month after being accused of physically abusing women.
Schneiderman’s successor, Barbara Underwood, is the one leading the case against Trump now.
“The sleazy New York Democrats and their now disgraced (and run out of town) A.G. Eric Schneiderman are doing everything they can to sue me on a foundation that took in $18,800,000 and gave out to charity more money than it took in $19,200,000,” Trump wrote. “I won’t settle this case!”
“Schneiderman, who ran the Clinton campaign in New York, never had the guts to bring this ridiculous case, which lingered in their office for almost 2 years. Now he resigned his office in disgrace, and his disciples brought it when we would not settle,” he added.
According to The New York Times, the lawsuit calls for the foundation to be dissolved.
“For more than a decade, the Donald J. Trump Foundation has operated in persistent violation of state and federal law governing New York State charities,” the complaint states. “This pattern of illegal conduct by the Foundation and its board members includes improper and extensive political activity, repeated and willful self-dealing transactions, and failure to follow basic fiduciary obligations or to implement event elementary corporate formalities required by law.”
The complaint accuses the charity of providing illegal support to Trump’s 2016 presidential campaign by using public funding to promote it, stating that the foundation raised more than $2.8 million to support Trump’s campaign.
The lawsuit also states that Trump used the foundation to cover legal fees and to promote his properties and businesses.
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