Ivanka Testifies in Investigation of 2017 Trump Inauguration Fund Misuse Allegations

Allegations Raised That $1 Million Flowed into Trump Hotel During Inauguration Ceremony

[Image source=Yonhap News]

[Asia Economy Reporter Yu Je-hoon] Ivanka Trump, the eldest daughter of U.S. President Donald Trump, testified to prosecutors on the 3rd (local time) regarding allegations that funds were misappropriated to the Trump family's business during the 2017 inauguration, CNN reported.

According to the report, the Washington DC prosecutor's office is investigating allegations that more than $1 million (approximately 1.09 billion KRW) of the inauguration committee's funds during President Trump's January 2017 inauguration flowed into the Trump Hotel.

In this regard, Karl Racine, the Attorney General of Washington DC, has filed a civil lawsuit against the Trump family business, the Trump Organization, and the inauguration committee. The Washington DC prosecutors have been taking witness testimonies over the past few weeks, with those summoned including Ivanka, First Lady Melania Trump, inauguration committee chairman Tom Barrack, and vice chairman Rick Gates.

Alan Garten, counsel for the Trump Organization, told CNN about Ivanka's role at the time, saying, "She connected the parties and informed the hotel to charge a fair rate," adding, "The hotel actually charged accordingly."

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