Trump must testify in New York probe, appeals court rules

In January, James said her nearly three-year investigation into the Trump Organization had uncovered significant evidence of possible fraud https://www.reuters.com/world/us/ny-attorney-general-details-possible-fraud-donald-trumps-family-business-2022-01-19. She described what she called misleading statements about the values of the Trump brand and six properties, saying the company may have inflated real estate values to obtain bank loans and reduced them to lower tax bills.


Reuters | Updated: 26-05-2022 21:49 IST | Created: 26-05-2022 21:49 IST
Trump must testify in New York probe, appeals court rules

Former U.S. President Donald Trump must testify under oath in the New York Attorney General's civil investigation into his business practices, an intermediate state appeals court ruled on Thursday.

A four-judge panel unanimously upheld a trial court decision from February enforcing subpoenas for Trump and his two eldest children, Donald Trump Jr. and Ivanka Trump, to provide deposition testimony in Attorney General Letitia James' investigation. "Once again, the courts have ruled that Donald Trump must comply with our lawful investigation into his financial dealings," James said in a statement. "We will continue to follow the facts of this case and ensure that no one can evade the law."

Alan Futerfas, a lawyer for Trump, did not immediately respond to a request for comment. In January, James said her nearly three-year investigation into the Trump Organization had uncovered significant evidence of possible fraud https://www.reuters.com/world/us/ny-attorney-general-details-possible-fraud-donald-trumps-family-business-2022-01-19.

She described what she called misleading statements about the values of the Trump brand and six properties, saying the company may have inflated real estate values to obtain bank loans and reduced them to lower tax bills. Trump issued a statement earlier this year calling the accusations false and accusing James of a political agenda in targeting him and his family.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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