Ethics issue 'nonsense', says official who cleared Trump Hotel
Washington
SHORTLY after Donald Trump won the presidential election, the US official who oversees the lease of his signature Washington hotel offered Mr Trump's company an assessment of a report about its potential conflict of interest: "Nonsense."
Four months later, the same official cleared Mr Trump's company to keep its lease for the Trump International Hotel Washington DC throughout the president's time in office - a decision that may have saved Mr Trump millions of dollars, based on a statement his lawyers made in a court filing in May.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further, as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit
Lucrum Capital looks to sell Killiney hotel site for S$195 million
US 30-year mortgage rate rises to five-month high of 7.24%