Trump Organization handover plan slammed by ethics chief

The Director of the US Office of Government Ethics Walter Shaub, has criticized Donald Trump's plan to hand control of his business empire to his sons before his inauguration on 20th January. 

The plan does not match the "standards" of US Presidents over the last 40 years.
 
A Trump lawyer said early on, the new trust would face "severe restrictions" on new deals.
  
Mr Shaub also said the plan would not remove conflicts of interest.

At a news conference, lawyer Sherri Dillon said that management of the Trump Organization would be transferred to a trust controlled by Mr Trump's sons Don and Eric and Chief Financial officer Allen Weisselberg. 

The Trump Organization is an umbrella company for Donald Trump's hundreds of investments in real estate, brands and other businesses.

SOURCE: BBC NEWS