NEW YORK: US President-elect Donald Trump said on Saturday he intends to dissolve his charitable foundation, the Donald J. Trump Foundation, which has been under investigation by the New York attorney general. Trump gave no timeline for winding down the foundation, but said in a statement that he wanted "to avoid even the appearance of any conflict with my role as President." He directed his counsel to take the necessary steps for the dissolution. With less than four weeks to his Jan. 20 inauguration, the real estate…
Oscar-winner Leonardo DiCaprio's charitable foundation would return gifts or donations made to him or his ventures if they were found to have come from Malaysian wealth fund 1MDB, which is being investigated on money laundering allegations, his representatives said on Tuesday. In his first comment on the multinational probe into the fund, DiCaprio said he was cooperating with U.S. authorities to determine if money had come from questionable sources, according to the statement. In July a Hollywood production company was…
NEW YORK, UNITED STATES: Republican presidential nominee Donald Trump used funds from his charitable foundation to pay settlements in legal cases involving his businesses, an apparent violation of laws governing non-profits, The Washington Post reported on Tuesday.
WASHINGTON: The foundation planning President Barack Obama's library announced on Thursday that it has picked two architectural firms to design the center on Chicago's South Side, to be built after Obama leaves office in January 2017.