President Donald Trump's former lawyer, Michael Cohen, has pleaded guilty to violating federal campaign finance laws
by making a large, indirect, "in-kind" contribution to Trump's presidential campaign and causing a corporation to do the same.
Cohen says Trump ordered him to pay $130,000 to an adult film actress known as Stormy Daniels in order to cover up an affair in violation of campaign finance laws
, and also told Cohen to lie about it to First Lady Melania Trump.
Current state campaign finance laws
are now so riddled with loopholes that an individual owning several limited liability corporations can contribute multiple times over to the same candidate.
An agreement signed by both the foundation and New York state Attorney General Barbara Underwood's office stated that Trump and his children flouted campaign finance laws
and breached its tax-exempt status, CNN reported.
That is why they get paid." "Despite that many campaign finance lawyers have strongly stated that I did nothing wrong with respect to campaign finance laws
, if they even apply, because this was not campaign finance," he stressed.
Jerrold Nadler, who will lead the Judiciary Committee when Democrats take control of the House of Representatives next month, said that if the payments were found to violate campaign finance laws
it would be an impeachable offence.
Stormy spoke in the same week that Trump's former lawyer Mike Cohen, 52, pleaded guilty to violating campaign finance laws
by paying her PS100,000 "hush money".
He broke campaign finance laws
at the direction of "a candidate for federal office", acting for the "purpose of influencing the election".
Summary: TEHRAN (FNA)- Michael Cohen's attorney Lanny Davis argued Tuesday that his client's guilty plea and subsequent testimony that he violated campaign finance laws
"at the direction of a candidate for federal office" showed President Donald Trump committed a crime.
Our political saga is replete with examples about electoral expenditures that make a mockery of campaign finance laws
. It is now widely accepted that the 2015 by-election in NA-122 alone entailed a collective candidate expenditure of over Rs.
'This should be strictly implemented to ensure compliance with the campaign finance laws
,' LENTE executive director Rona Caritos said.