Ivanka’s signature real estate deals were disasters linked to drug cartels and money laundering

Before her father became president, Ivanka Trump tied herself more closely to two of her father’s international projects than any others.

One, in Panama, was the current president’s first international foray — a building, according to the developer, that Donald Trump wanted to be Ivanka’s “baby.” The other, in Azerbaijan, was a project Ivanka herself claimed she “oversaw” — one for which, according to an Azeri lawyer involved with the project, the president’s daughter “personally approved everything.”

Neither project succeeded, at least from the Trumps’ point of view. The board of directors of Panama’s Trump Ocean Club eventually fired Trump’s management company, citing budget over-runs and improper bonuses. Meanwhile, the development of Trump Tower Baku was so poorly managed — thanks to shoddy construction and missing payments — that The New Yorker dubbed the building “Trump’s worst deal.” Both remain marked blots on the president’s supposed business chops — and on the record of his daughter, who remains a special adviser to the president.

Read more at https://thinkprogress.org/ivankas-real-estate-deals-corruption-33f6...

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