{UAH} Trump's Panama tower used for money laundering by condo owners, reports say

https://speier.house.gov/sites/speier.house.gov/files/180122%20Trump%20Organization_.pdf

Trump Ocean Club drew people accused of corruption and future president benefited from laundered funds, reports say

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 The Trump Ocean Club International Hotel and Tower 'aligned' Trump's financial interests with those of crooks, according to Global Witness. Photograph: Rodrigo Arangua/AFP/Getty Images

The Trump Ocean Club International Hotel and Tower soars over Panama City bay, a 70-storey skyscraper shaped like a sail. Donald Trump's first international hotel venture, it opened in 2011, a mix of condominiums, hotel rooms and a casino.

As one of the tallest structures in Latin America, it was a bold and lucrative expression of the Trump brand, earning him as much as $13.9m in management fees and royalties in the last three years.

By day it glints in the tropical sunshine, an apparently shining testament to the US president's business savvy.

But a curious thing happens at night. Many of the lights stay off. The restaurants are near deserted; the corridors silent. The skyscraper appears to be largely empty – a dark tower.

Many of those who bought the condos, it turns out, did so not to live there but allegedly to launder illicit money – Russian gangster money, drug cartel money, people-smuggling money.

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