David Apol, the acting director of the Office of Government Ethics, sent a letter to Deputy Attorney General Rod Rosenstein Wednesday, saying that, "based on the information provided as a note. the payment made by Mr. Cohen is required to be reported as a liability".
"Frankly I love the idea that the Office of Government Ethics says that everything is fully disclosed and therefore its ethical", Giuliani told CNN.
The deputy attorney general is overseeing the Department of Justice investigation into whether Trump aides colluded with alleged Russian meddling in the 2016 U.S. presidential election.
Camera Icon Donald Trump and his new lawyer Rudy
And a man who worked as a translator for Cohen and a South Korean aerospace firm that paid Cohen's company $150,000 previous year told the Washington Post that he was contacted by FBI agents - suggesting that either Mueller's team or other federal investigators are examining his contract with Korea Aerospace Industries.
Cohen made the solicitation to al-Rumaihi at a meeting in Trump Tower in NY on Dec 12, 2016, the Post reported.
While the disclosure didn't specify the goal of the payment, Cohen has said he paid $130,000 to Daniels in the weeks before the 2016 presidential election to keep her from going public about her allegations that she had sex with the married Trump in 2006. He also said Trump paid Cohen far more than $130,000 - Cohen received around $460,000 or $470,000, Giuliani said, which included "incidental expenses" that Cohen had incurred on Trump's behalf.
Cohen is one of President Donald Trump's lawyers and has come under fire for payments he made to women who claimed to have had affairs with the president.
Over $100,000 of that total was for reimbursement of a payment Cohen made to a third party.
Investigative journalist Ronan Farrow appeared on Wednesday night's Rachel Maddow Show to explain how he obtained the records that led to his latest break-through investigation into the Stormy Daniels and Michael Cohen scandal.
"Neither the Trump Organization nor the Trump campaign was a party to the transaction with Ms. Clifford, and neither reimbursed me for the payment, either directly or indirectly", Cohen said in a statement to the New York Times.
Ms Dillon did not immediately respond to a request for comment. The first missing report covered almost seven months and listed a little over $1 million in activity.
His Washington, DC, hotel near the Oval Office, a magnet for diplomats and lobbyists, took in $40 million (€33m). His Doral golf course and resort in Miami took in $75 million. One of his biggest lenders is Ladder Capital, which has lent more than $100 million. The president submitted his form to OGE for review Tuesday, according to the White House. Trump owes Deutsch Bank as much as $175 million. Instead, he put his assets in a trust controlled by his two adult sons and a senior executive.
Cohen also stands accused of seeking to cash in on his proximity to the president, after it emerged he received millions of dollars from a Russian oligarch and major corporations seeking access to the administration. Mr. Trump is also still picking up a Screen Actors Guild pension of almost $65,000 from his years as a reality TV host and sometime bit player in movies.