Trump denies leaked allegations by claiming he is a 'germophobe'
President elect of the United States Donald Trump has addressed the seedy allegations made in a document published online overnight.
Referring to the allegations contained in the dossier, the President-elect told reporters he was a "germophobe".
"Does anyone really believe that story?" he said. "I'm also very much of a germophobe by the way, believe me."
The Republican said he when he travels outside the US, he is "extremely careful".
"I'm surrounded by bodyguards, I'm surround by people and I always tell them ... if I am leaving this country, be very careful because in your hotel rooms and no matter where you go, you are probably going to have cameras.
"I'm not referring just to Russia, but I would certainly put them in that category.
"And, number one, I hope you are going to be good anyway but in those rooms you have cameras in the strangest places, cameras that are so small with modern technology you can't see them and you won't know.
"You'd better be careful or you will be watching yourself on nightly television."
Mr Trump said it was a "disgrace" the way the information had been leaked.
"It is all fake news. It is phoney stuff. It didn't happen and it was gotten by opponents of ours," he said.
"It was a group of opponents who got together - sick people - and they put that crap together. Somebody released it. It shouldn't have even entered paper but it should never have even been released. I read what was released and I think it was a disgrace."
Mr Trump said he believed Russia's claim that it did not gather compromising information about him, claiming Moscow would have published whatever it held.
"President Putin and Russia put out a statement today that this fake news was indeed fake news, they said it totally never happened," the controversial tycoon said.
"Somebody would say 'oh of course he's going to say that' - I respected the fact that he said that.
"And I'll be honest - I think if he did have something they would have released it, they would have been glad to release it."
Mr Trump also said that while he believed Russia had been involved in cyber hacking against the US "other countries and other people" had also been involved.
He said the Democratic National Committee's computer - which was hacked during the election campaign - had been "totally open to be hacked".
"They did a very poor job. They could have had hacking defence which we had," he said.
"They tried to hack the Republican National Committee and they were unable to break through. We have to do that for our country. It is very important."
Good relations with President Putin would be an "asset" and he hopes they "get along", he said.
"If Putin likes Donald Trump I consider that an asset, not a liability because we have a horrible relationship with Russia," he said.
"Russia can help us fight Isis, which, by the way, is number one tricky.
"If you look, this administration created Isis by leaving at the wrong time."
He added: "I don't know that I'm going to get along with Vladimir Putin. I hope I do, but there's a good chance I won't.
"And, if I don't, do you honestly believe Hillary would be tougher on Putin than me? Does anybody in this room honestly believe that? Give me a break."