Trump is no longer a director of his media group

Trump is no longer an admin of his media group

UPGRADE DAY

Former US President Donald Trump was stripped of his position as a director of his media group in early June, weeks before US officials summoned officials as part of it. of a federal investigation. 

In a document filed on June 8 with the body responsible for the commercial activity of companies in Florida, revealed Thursday by the daily Saratosa Herald Tribune and consulted by AFP, Trump Media Technology Group (TMTG) indicates that the Republican billionaire is no longer a director.

His eldest son Donald Trump Jr., as well as Wes Moss and Kashyap Patel, are also stripped of this role.

The social network Truth Social, launched by TMTG and presented as an alternative to Twitter, from which the former tenant of the White House was banned for incitement to violence, published a message denying Mr. Trump's departure from the governing body and protesting against “fake news”.

“Donald Trump is still on the board of directors of Trump Media and Technology Group”, wrote the platform on Thursday evening on its official account . It claims that Mr. Trump holds the position of “Chairman of the Board of Directors”, without mentioning that of “Director”.

The precise title may be important insofar as the authorities seem to have summoned the people with the role of “administrator”.

Asked by AFP to clarify the precise role of Mr. Trump within the group, TMTG did not respond immediately.

On the company's website, the page dedicated to the board of administration does not display a single name.

TMTG is aiming for an IPO through a merger with Digital World Acquisition Corp (DWAC), a listed vehicle with no commercial activity, but the union between the two entities is slow to materialize.

At the end of June, DWAC indicated to the American market regulator (SEC) that it had received requests for documents and specified that all of its directors had been subpoenaed to testify before a large jury in view of a possible criminal trial.

The listed vehicle also clarified that TMTG and some of its former and current employees had received subpoenas from the stock constable, then from the grand jury.

Last December, DWAC also revealed that it was the subject of an SEC investigation into its activity and conditions. fusion.