Emolument defined means profit, salary, or fees from office or employment; compensation for services. Under Article 1, Section 9, Clause 8 it says: “No title of nobility shall be granted by the United States: and no person holding any office of profit or trust under them, shall, without the consent of the Congress, accept of any present, emolument, office, or title, of any kind whatever, from any king, prince, or foreign state.”
A consulate is a government-funded. Similar to an ambassador but without the immunity a consul acts on the behalf of its people in foreign countries and inside Trump Towers 1 of Istanbul the Royal Danish Consulate resides.
Statement from a earlier post, “Conflict – Donald Trump makes money from Turkish group, where the Governor of Istanbul, Turkey is a member; Group expects more US initiatives with Trump”
Prior to the 2016 elections Trump admits Mr. Trump has acknowledged a conflict of interest in Turkey. “I have a little conflict of interest because I have a major, major building in Istanbul,” he said during a radio interview last year with Stephen K. Bannon, the Breitbart News executive who has since been designated his chief White House strategist. “It’s a tremendously successful job. It’s called Trump Towers — two towers, instead of one. Not the usual one. It’s two.”
Turkish – U.S.
Turkish – U.S.
Trump Towers İstanbul, a complex of two towers, one with 39 floors and the other with 37 floors, opened in April 2012. It was constructed by the Trump Organization of New York City, Turkey’s Doğan Group, Yeşil İnşaat and Taş Yapı, in the Mecidiyeköy business district. The buildings offer office space, residential flats and a shopping mall.
The Trump Organization, a U.S. real estate development group, constructed the twin Trump Towers İstanbul in partnership with Turkey’s Doğan Group and Taş Yapı. The mixed use buildings have business offices, residential flats and a shopping center.