Donald Trump failed to disclose a $19.8m loan from a company with historical ties to North Korea, while he was the US president, according to a new report.

Documents obtained by the New York attorney general, and reported by Forbes, on Sunday indicate a previously unreported loan owed by Trump to Daewoo, the South Korean conglomerate.

Daewoo was the only South Korean company allowed to operate a business in North Korea during the mid-1990s.

Forbes revealed that Trump’s relationship with Daewoo is at least 25 years old. At one point, Daewoo partnered with Trump on a development project near the United Nations headquarters in New York City, Trump World Tower.

Trump and Daewoo continued to do business together, including using Trump’s name on six South Korea-based properties from 1999 to 2007, according to the magazine.

The outlet reports that the debt in question “stems from an agreement Trump struck to share some of his licensing fees with Daewoo”.

According to documents […]