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Russians hoping to keep dealings with Trump secret will get found out, academic says

Russian executives hoping to prevent past business transactions with U.S. President Donald Trump from becoming public knowledge will get found out sooner or later, according to a professor at John Hopkins University.

"I think everybody in Russia who has done business with Trump is going to get found out at some point," Erik Jones, professor of European studies and international political economy at Johns Hopkins University, told CNBC on Friday.

Trump has consistently dismissed the sustained public and political pressure to release his tax returns and, while there is no law compelling the U.S. President to do so, the former New York businessman broke a long-held tradition when he decided not to release his paperwork during the presidential campaign.

In a letter released by the White House on May 12, Trump's lawyers said a review of the president's tax returns found that with a "few exceptions", he had not received any income from Russian business contacts over the past decade. However, the attorneys did not release copies of the documents.

'May have something to do with Trump's tax returns'

Drew Angerer | Getty Images | Getty Images News

"I think what becomes problematic is the extent to which they have tried to hide that contact and to make it difficult for people to find out, part of that may have something to do with Trump's tax returns," Jones added, as he stressed that any possible business transactions between Russian contacts and Trump were not necessarily nefarious.

The embattled Trump administration has been embroiled in political turbulence since last week, when the president abruptly fired James Comey, then director of the FBI, as it investigated possible ties between the Trump campaign team and the Kremlin.

The U.S. president has repeatedly denied any such ties with Moscow and described ongoing investigations into Russian interference concerning his election victory as a "witch hunt".

"It's unclear whether the refusal to reveal the tax returns is to hide Russia or (whether) not talking about Russia is about refusing to reveal the tax returns," Hopkins concluded.