Breaking: @CREWcrew has called on the US Justice Dept & @OfficeGovEthics to investigate whether @realDonaldTrump has violated public financial disclosure rules for not declaring a £40m+ loan to his inaugural Scottish golf resort in his OGE filings dating back to 2017.
In 2018, Trump's exposure in personal loans made to his company, Trump International Scotland, totalled £40.61m. The amount has increased significantly since the firm's incorporation. It stood at £32.86m in 2012 and £6.15m in 2006.
@CREWcrew claims Trump has seemingly violated federal law. It says that under OGE guidance, the loans should have been disclosed by POTUS as an asset from 2017 onwards. The OGE loan threshold sits at $1.000. Trump's loan to his Scottish company is worth approximately $51.8m.
The ethics watchdog also notes that between 2009 and 2012, the accounts for Trump's firm "made no specific reference" to his loan as a "related party transaction," as it did from 2006 thru 2008, and in 2013 and 2014. The 2015 accounts refer to a 'director' but don't name Trump.
From 2017 onwards, the company accounts also note a new loan from a Trump Org holding firm, DJT Holdings LLC. It provided £1.3m in 2017, rising to £2.49m last year. It's unclear why this loan was set up in this way, on top of Trump's outstanding personal loan.
For its part, @CREWcrew says the distinction is significant In light of those OGE rules. "The differing treatment indicates that the £40.61m business loan is owed to President Trump personally rather than to a company within the Trump Organisation," it says.
The issue of Trump's finances in the 2000s may seem historic, but I think it's important. I revealed last year how he repeatedly tried and failed to secure £38m in loans from a Scottish bank in a failed real estate project he hatched in 2006: scotsman.com/news/politics/…
So again, for context: one the one hand was writing to Scottish bankers & meeting with them in NY, asking for a £23m mortgage and £15m construction loan. On the other, he's loaning millions of pounds to his Scottish firm (at a time a Trump Org EVP claimed it had £1bn in the bank)
Oh, and @CREWcrew is also calling on any DoJ/OGE investigation to examine whether pro bono legal services Trump received from Rudy Giuliani constituted a gift he should have declared in his public financial disclosures.
Here's a copy of the letter that's been sent to Jeffrey Rosen, the US deputy attorney general, as well as the OGE 1/2 
And if you're curious as to if/when Trump will call in 13 years' worth of loans given to his inaugural Scottish firm, you're not alone. It's failed to turn a penny in profit in the 7 years it's been open. Here's my Oct story on its latest accounts: scotsman.com/news/trump-abe…
