The Guardian reported the new revelation that a company who oerates in communist North Korea loaned money to Trump when he was President. Uh…what?!? Forbes reported on a previously unreported loan owed by Trump to Daewoo, the Korean conglomerate. Forbes revealed that Trump’s relationship with Daewoo is at least 25 years old.
A new report reveals that Donald Trump while he was the President failed to disclose a $19.8m loan from a company with ties to North Korea. Daewoo was the only South Korean company allowed to operate a business in North Korea during the mid-1990s.
Quid Pro Quo?
According to documents reviewed by Forbes, the $19.8m balance remained the same from 2011 to 2016. However, only five months into Trump’s presidency, the balance dropped to $4.3m. This according to Trump’s own paperwork.
Trump bragged about his relationship with North Korean dictator Kim Jong-un, saying in 2018:
“He likes me, I like him. We get along” and that “we fell in love”.