Trumpland

Trump Signed Letter of Intent to Move Forward on Trump Tower in Russia: Report

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Document obtained by CNN shows president signed it in 2015, contradicting his lawyer’s claims.

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POOL/Reuters

A document newly obtained by CNN purportedly reveals that Donald Trump signed a letter of intent to proceed with negotiations to build a Trump Tower in Russia even though his attorney Rudy Giuliani said Sunday the document was never signed. CNN’s Chris Cuomo got a hold of a copy of the letter—dated Oct. 28, 2015, and signed by the now-president—outlining the intent to build Trump condominiums, a hotel, and commercial property in Moscow. When CNN’s Dana Bash brought up the letter Sunday in an interview with Giuliani, he told her that it had not been signed. “It was a real-estate project. There was a letter of intent to go forward, but no one signed it,” he said. Trump never disclosed that his company explored the business deal with Russia during the 2016 presidential campaign, and claimed repeatedly that he had “nothing to do with Russia.” The project, which was eventually scrapped, would’ve provided Trump’s company a $4 million upfront fee, no upfront costs, a percentage of the sales, and control over marketing and design. The deal also reportedly included a chance to name the hotel spa after Trump's daughter Ivanka.

Read it at CNN