The head of the U.S. Office of Government Ethics said that a multi-million-dollar loan by the Chinese government to a project designed to enrich President Donald Trump raises “serious concerns.”
But it’s up to Congress to address the problem, acting ethics director David Apol said in a letter last week to 60 Democratic members of Congress who called for an investigation into the deal, The Washington Post reported.
At issue is a $500 million loan from the Chinese government to an Indonesian resort and theme park project in Jakarta. Trump’s family business, the Trump Organization, has a deal to license the Trump name to the resort, which includes hotels and a golf course. China agreed to the funds just 72 hours before Trump denounced penalties against Chinese telecom giant ZTE for violating U.S. sanctions against Iran. The president said the U.S. had to act to protect Chinese jobs.
But it’s up to Congress to address the problem, acting ethics director David Apol said in a letter last week to 60 Democratic members of Congress who called for an investigation into the deal, The Washington Post reported.
At issue is a $500 million loan from the Chinese government to an Indonesian resort and theme park project in Jakarta. Trump’s family business, the Trump Organization, has a deal to license the Trump name to the resort, which includes hotels and a golf course. China agreed to the funds just 72 hours before Trump denounced penalties against Chinese telecom giant ZTE for violating U.S. sanctions against Iran. The president said the U.S. had to act to protect Chinese jobs.
