92-Page Financial Disclosure Reveals Pres. Trump's Net Worth, Payment to Cohen


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Consistent with similar disclosures, Trump reported that the payments were in a broad range of $100,000 to $250,000.

Ehrat, general counsel since 2011, signed the Essential Consulting pact with former Novartis CEO Joe Jimenez.

In an interview with Business Insider, Giuliani said $130,000 was "the specific amount that I said".

"There was scarcity of asset, right?"

Trump: No, I don't know.

Rumaihi said Wednesday that Cohen first asked for the money, and Rumaihi refused, several days before the Trump Tower meeting, when the two saw each other at the Peninsula Hotel in NY.

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The latest ethics disclosure did not describe the objective or the recipient of the original 2016 payment to a "third party" made by Cohen, for which he was reimbursed by Trump. In that conversation, Mr. Cohen stated he would require a $1 million fee for his services.

"Although the contract was legally in order, it was an error", Ehrat said in a statement. He said his formal ties to Novartis would end soon when a notice period expires.

The ethics office seemed to disagree, annotating the document: "OGE has concluded that the information related to the payment made by Mr. Cohen is required to be reported and that the information provided meets the disclosure requirement for a reportable liability".

In response to a later Brzezinski question, Avenatti said that to his knowledge none of the payments had been used for an abortion.

Giuliani said there was no debate about whether to reimburse Cohen. "We had no idea this was going to turn into this kind of a situation". According to records obtained by Yahoo, communication between Stater and Cohen began in the latter part of 2015, when the two began discussing the possibility for a Moscow-based megastructure. A violation can result in a fine of up to $50,000.

A trial for another US kickbacks case is scheduled for 2019. Novartis has been embroiled in a string of legal woes, and in 2015 agreed to pay the USA government $390 million to settle allegations of kickbacks to pharmacies in return for recommending its drugs.

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Trump has denied having an affair with Daniels or knowing anything about that payment but his new lawyer Rudy Giuliani has acknowledged the USA president had in fact reimbursed Cohen for the payoff.

Mr Giuliani said the transaction was to keep Ms Daniels quiet about her "false and extortionist accusation" that she had sex with Mr Trump, suggesting her claim could have damaged his candidacy. In hindsight, Jimenez said, that was a mistake.

Cohen was the target of raids last month in an investigation by the US Attorney's Office for the Southern District of NY, after a referral from Mueller.

"The conversation was regarding infrastructure investment in the USA", he said.

While the disclosure did not specify the objective of the payment, Mr Cohen has said he paid $130,000 dollars (€109,967) ) to Ms Daniels in the weeks before the 2016 presidential election to keep her from going public about her allegations that she had sex with the married Mr Trump in 2006.

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