Former president and his eldest children face subpoenas in investigation of alleged financial misconduct.
Donald Trump, alongside his children Ivanka Trump and Donald Trump Jr., has been subpoenaed by New York Attorney General Letitia James as part of an investigation into alleged financial fraud within the Trump Organisation. The subpoenas demand both testimony and documents related to the family business, which encompasses over 500 entities owned by the Trumps.
The Attorney General's office filed these subpoenas to compel cooperation in the civil probe investigating whether the Trump Organisation manipulated property valuations to secure loans or reduce tax liabilities. While Eric Trump, another of the former president’s children, was questioned in 2020, the latest legal filings reveal that Donald Trump Jr. and Ivanka Trump have resisted complying with the orders.
The probe centres on whether the Trump Organisation inflated property values to secure advantageous loans or understated them to benefit from tax reductions. The investigation began over two years ago and has intensified following multiple refusals to cooperate.
Attorney General James is also seeking a deposition from Donald Trump, proposing early January as a potential date. However, the former president and his legal team have denounced the investigation as a "political witch-hunt," citing it as a tactic driven by James's alleged political ambitions.
In response, the Trump Organisation issued a statement condemning the investigation as unethical and accusing the Attorney General of neglecting pressing issues in New York State. The statement framed the inquiry as a "travesty to the legal system."
The legal dispute is expected to escalate, with Trump and his children likely filing motions to quash the subpoenas. Additionally, Donald Trump has launched a federal lawsuit against James, claiming the investigation violates his constitutional rights and is an attempt to tarnish his reputation.
Attorney General James remains firm in her pursuit, stating, “No one is above the law.” Her office has yet to confirm if the investigation will lead to further legal actions, but she expressed confidence in uncovering the truth.
This ongoing legal battle highlights the broader scrutiny surrounding the Trump Organisation’s financial practices and the political implications of high-profile investigations.
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The first day’s journey was through the pink fields
The first day’s journey was through the pink fields
The first day’s journey was through the pink fields