Former hotel partner accuses Trump Organization of tax evasion in Panama

A worker removes the "Trump" name from a hotel sign in Panama.
(Image credit: STR/AFP/Getty Images)

The Trump Organization is being sued by the owner of a Panama City hotel, who alleges the company "made fraudulent and false claims to the Panamanian tax authorities" in order to "cover up its unlawful activities."

The Trump International Hotel and Tower opened in Panama City in 2011, and the Trump Organization was set to manage the property through 2031, The New York Times reports. In 2017, a businessman named Orestes Fintiklis bought 202 of the hotel's 369 units, and soon after took the Trump Organization to court, saying the hotel was struggling financially due to the company's mismanagement. In 2018, the Trump Organization was removed as managers, and the property is now a JW Marriott.

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Catherine Garcia, The Week US

Catherine Garcia is night editor for TheWeek.com. Her writing and reporting has appeared in Entertainment Weekly and EW.com, The New York Times, The Book of Jezebel, and other publications. A Southern California native, Catherine is a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.