Donald Trump To Give Evidence In New York Investigation

It’s going to be a long week as Donald Trump faces questioning under oath on Wednesday by the New York attorney general’s office’s long-running civil investigation into his dealings as a real estate mogul.

The former United States president confirmed this in a post on his Truth Social account.

Mr. Trump’s evidence 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 the White House.

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

“In New York City tonight. Seeing racist N.Y.S. Attorney General tomorrow, for a continuation of the greatest Witch Hunt in U.S. history!” Mr. Trump wrote on Truth Social, invoking his oft-repeated claims about Ms. James, who is black, and the investigation.

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

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

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

According to AP, Ms. James’ office in May said that it was nearing the end of its probe and that investigators had amassed substantial evidence that could support legal action, such as a lawsuit, against Mr. Trump, his company, or both.

The Republican billionaire’s deposition — a legal term for sworn evidence that is not given in court — is one of the few remaining missing pieces, the attorney general’s office said.

Two of Mr. Trump’s adult children, Donald Jnr and Ivanka, gave evidence in the investigation in recent days, two people familiar with the matter said.

The people were not authorized to speak publicly and did so on condition of anonymity. The Trumps’ evidence had initially been planned for last month but was delayed after the July 14 death of the former president’s ex-wife, Ivana Trump, the mother of Ivanka, Donald Jnr, and another son, Eric Trump, who sat for a deposition in Ms. James’ investigation in 2020.

On Friday, the Trump Organisation and its longtime finance chief, Allen Weisselberg, will be in court seeking dismissal of tax fraud charges brought against them last year in the Manhattan district attorney’s parallel criminal probe.

Ms. James, a Democrat, has said in court filings that her office has uncovered “significant” evidence that Mr. Trump’s company “used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions”.

Ms. James alleges the Trump Organisation exaggerated the value of its holdings to impress lenders or misstated what land was worth to slash its tax burden, pointing to annual financial statements given to banks to secure favorable loan terms and to financial magazines to justify Mr. Trump’s place among the world’s billionaires.

The company even exaggerated the size of Mr. Trump’s Manhattan penthouse, saying it was nearly three times its actual size — a difference in the value of about 200 million US dollars (£165.4 million), Ms. James’ office said.

Mr. Trump has denied the allegations, explaining that seeking the best valuations is a common practice in the real estate industry. He says Ms. James’ investigation is part of a politically motivated “witch hunt” and that her office is “doing everything within their corrupt discretion to interfere with my business relationships and with the political process”.

“THERE IS NO CASE!” Mr. Trump said in a February statement after Manhattan judge Arthur Engoron ruled Ms. James’ office had “the clear right” to question Mr. Trump and other principals in his company. While Ms. James has explored suing Mr. Trump or his company, the Manhattan district attorney’s office has long pursued a parallel criminal investigation.

That probe had appeared to be progressing toward a possible criminal indictment, but slowed after a new district attorney, Alvin Bragg, took office in January. A grand jury that had been hearing evidence disbanded.

The top prosecutor who had been handling the probe resigned after Mr. Bragg raised questions internally about the viability of the case. Mr. Bragg has said his investigation is continuing, which means Mr. Trump could invoke his fifth amendment right against self-incrimination and decline to answer questions from Ms. James’ investigators.

According to the subpoena issued by Ms. James’ office, Mr. Trump was to appear in person at the attorney general’s office, located in a Manhattan office tower that has doubled as the fictional conglomerate Waystar Royco’s headquarters on HBO’s Succession.

As vociferous as Mr. Trump has been in defending himself in written statements and on the rally stage, legal experts say the same strategy could backfire in a deposition setting because anything he says could potentially be used against him or his company in the criminal investigation.

No former president has even been charged with a crime. In fighting to block the subpoenas, lawyers for Trump argued that New York authorities were using the civil investigation to get information for the criminal probe and that the depositions were a ploy to avoid calling them before a criminal grand jury, where state law requires they be given immunity.