According to the Daily Mail, the tycoon has challenged Obama to release his college records and passport application - and has promised to donate $5million to a charity of the President's choice if he does so.
Trump made his offer in a YouTube video released at noon today, two days after promising to make a 'gigantic' announcement about Obama which could change the course of the presidential race.
Web users reacted to the massive letdown with derision, with many taking to Twitter to mock the controversial businessman.
The Apprentice star previously denied staging a publicity stunt, insisting the announcement is 'not a media event', but instead is 'about the United States of America'.
A number of sensational claims about the content of the message had been swirling around the web for three days - one pundit with links to the billionaire even suggested that he was set to unearth divorce papers between Obama and his wife Michelle.
However, the man himself tweeted, 'All predictions re: my 12 o'clock release are totally incorrect. Stay tuned!' - and some may be disappointed by the relatively tame nature of the announcement.
Trump set the hare running on Monday by claiming that he was set to make an announcement today that would be ‘bordering on gigantic' and that it would ‘possibly’ change the presidential race.
But when the announcement finally came, in the form of a YouTube video and accompanying Facebook post, it was somewhat less explosive than promised.
Trump started the announcement by saying, 'President Obama is the least transparent President in the history of this country', adding: 'I'm very honoured to have gotten him to release his long-form birth certificate... or whatever it may be.'
The meat of the message ran: 'If Barack Obama opens up and gives his college records and applications, and if he gives his passport applications and records, I will give to a charity of his choice - inner-city kids in Chicago, American Cancer Society, AIDS research, anything he wants - a cheque, immmediately, for $5million.'
Trump went on to say that the records had to be released by 5pm on October 31, and that his donation would be given within an hour of Obama releasing the records 'to my satisfaction, if it's complete'.
The video concluded: 'Mr President, not only will I be happy - and, by the way, totally satisfied - but the American people will be happy, and those charities will be very, very happy.'
There are a number of conspiracy theories surrounding Obama's records from his time at Occidental College, Yale University and Harvard Law School.
Source: standardmedia.co.ke
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