Home Sweet Home, Azerbaijin

Discussion in 'Politics' started by scurfer, Mar 8, 2017.

  1. What's up with Trump's Tower and International Hotel? It's a sleek 5-star hotel in the shape of a ship sail in the Azerbaijan's capital of Baku, it never opened despite appearing nearly complete. Shortly after taking office, Donald Trump abandoned a bizarre hotel project in Azerbaijan which never made any sense to begin with. It was built in an industrial part of town where a hotel wouldn’t be needed. The roads being built to the hotel didn’t even lead to it. And now it turns out the entire hotel project appears to have been little more than an excuse to illegally launder money coming from the Iranian Revolutionary Guard.
     
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  2. I do believe you nailed it. A lot of money can be laundered through construction projects. That is why an official there, making $12,000 a year is now a billionaire. His shady financial deals are the hidden ax that Russia holds.

    :smoke:
     
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  3. Was Trump actually involved in this? Because what usually happens with these hotels is they are constructed by completely unrelated entities and then reach a licensing deal to use the Trump name. That article was not very descriptive and seems to be politically motivated.
     
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  4. He and his family were very much involved in this. Allegedly there was "due diligence" done to insure no shady characters were involved, however no one seems to know when or by whom.
    This link gives a pretty good accounting of the happenings;

    Donald Trump’s Worst Deal

    :smoke:
     
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  5. It looks like the trump organization and the other people went in on this together.
     
  6. Yup, to launder money and get a percentage kicked back.

    :smoke:

    Edited to add: Much to the pleasure and profit for the Iranian Revolutionary Guard.
     
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  7. to answer your question if trump was involved..
    as you see, the hotel project was announced by trump organization back in 2014 and is posted on trump.com web site.
    "TRUMP HOTEL COLLECTION is headquartered at Trump Tower, 725 Fifth Avenue, New York, NY 10022. " (from the PR)
     
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  8. thanks. i could not tell if it was just for the licensing deal or if they did construct this, and it looks like they did construct it. thanks for the link.
     
  9. Trump's partner is or was Anar Mammadov, the son of Azerbaijan's transportation minister. The father was described in leaked American diplomatic cables as "notoriously corrupt, even for Azerbaijan."
    Donald already has a history of money laundering.
    -Trump Tower was built by S&A Concrete, whose owners were “Fat” Tony Salerno, head of the Genovese crime family, and Paul “Big Paul” Castellano, head of the Gambinos, another well-known crime family.

    -Trump Casino fined $10 million in Febrary 2015 over money laundering violations.

    -Trump's pilot (Joseph Weichselbaum) is a convicted cocaine trafficker.
    ...more to follow. The year is still young.
     
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  10. this is a good watch..
    donno about this specific deal, but he has a history here. I personally know people who were stiffed by him in NYC. I also have a friend who's elderly parents were basically forced out of their rent controlled apartment that Trump purchased.
    Could be that he ran out of other peoples money and never completed it, but it sounds shadier than that. Surprised more mainstream outlets besides the New Yorker are reporting on this.

    this video is well worth the hour+

     
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  11. Business and politics is dirty.

    We really need to address the problems as well as those who exploit them.

    Just Google 'Banks Money Launder'

    Wachovia, Deutsche, HSBC, Wells Fargo etc

    I truly hope these revelations result it some systemic changes.

     
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  12. He is probably kicking himself for not using a charity.

     
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  13. Armenia is better.

    Sent from my SD4930UR using Tapatalk
     

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