Trump is no longer the director of his media group

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

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In a document filed June 8 with the Florida corporate governance body, published Thursday by the Saratosa Herald Tribune and consulted by AFP, Trump Media Technology Group (TMTG) indicates that the Republican billionaire is no longer an administrator.

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

The social network Truth Social, launched by TMTG and presented as an alternative to Twitter, from which the former White House tenant was banned for inciting violence, published a message in which it denied and opposed Mr Trump’s resignation from the governing body “Fake Rebels News”.

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

The exact title may be important as the authorities seem to have subpoenaed the individuals with the role of “Administrator”.

TMTG did not immediately respond to AFP’s request to clarify Mr. Trump’s exact role within the group.

The company’s website does not show a single name on the page dedicated to the board of directors.

TMTG is targeting an IPO through a merger with Digital World Acquisition Corp (DWAC), a publicly traded vehicle with no commercial activities, but the merger between the two companies is slow to materialize.

In late June, DWAC told the US Markets and Trafficking Commission (SEC) that it had received requests for documents, specifying that all of its directors had been subpoenaed to testify before a grand jury in a possible criminal trial.

The listed vehicle also clarified that TMTG and some of its current and former employees received subpoenas from the Stock Constable and then the Grand Jury.

Last December, DWAC also announced that it was the subject of an SEC investigation into its operations and the terms of the merger.

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