Donald Trump to testify in New York attorney general’s civil investigation

World Aug, 11 2022
Donald Trump to testify in New York attorney general’s civil investigation
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WASHINGTON: Former President Donald Trump will be questioned under oath in New York attorney general’s long-running civil investigation into his dealings as a real estate mogul, he confirmed in a post on his Truth Social account.

Trump’s testimony comes amid a flurry of legal activity surrounding him, taking place just days after FBI agents searched his Mar-a-Lago estate in Florida as part of an unrelated federal probe into whether he took classified records when he left White House.

New York civil investigation, led by Attorney General Letitia James involves allegations that Trump’s company, Trump Organisation misstated value of prized assets like golf courses and skyscrapers, misleading lenders and tax authorities.

“My great company and myself are being attacked from all sides,” Trump added. “Banana Republic!”

Messages seeking comment were left with James’ office and with Trump’s lawyer.

Trump’s testimony is happening at a critical point in James’ investigation, midway through a pivotal week in his post-presidency.

Trumps’ testimony had initially been planned for last month but was delayed after July 14 death of former president’s ex-wife, Ivana Trump, mother of Ivanka, Donald Jr. and another son, Eric Trump, who sat for a deposition in James’ investigation in 2020.

Trump’s company “used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage and tax deductions.”

Company even exaggerated size of Trump’s Manhattan penthouse, saying it was nearly three times its actual size a difference in value of about $ 200 million, James’ office said.

Published in The Daily National Courier, August, 10 2022

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NC Desk
NC Desk https://www.dailynationalcourier.com/author/nc-desk
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

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