Trump shows up at NY trial as case winds down

Published December 8, 2023
FORMER US president Donald Trump sits at the defence table with his attorneys at New York Supreme Court, 
on Thursday.—Reuters
FORMER US president Donald Trump sits at the defence table with his attorneys at New York Supreme Court, on Thursday.—Reuters

NEW YORK: Donald Trump arrived at a New York court on Thursday to attend his ongoing civil fraud trial, where his defence team is arguing that the former US president’s family company did not manipulate the value of its properties to win favourable financing.

The trial, which kicked off in October, is one of several legal challenges the former president faces as he mounts a comeback bid for the White House. The judge overseeing the trial, Arthur Engoron, has already ruled that Trump and his adult sons manipulated financial statements to dupe banks and insurers into providing better loan and insurance terms.

New York Attorney General Letitia James is seeking $250 million in penalties and wants Trump banned from New York state real estate business. Trump is expected to testify as the final defence witness on Monday. He has denied wrongdoing and says James, an elected Democrat, is biased against him.

“This whole case is a fraud. What they’ve done is they’ve weaponized justice,” he told news media outside the courtroom.

Over the past several weeks, Trump’s team has called bankers and others who did business with the Trump Organisation to testify that they did not rely solely on Trump’s valuations in deciding to lend to his company.

On Thursday, New York University accounting professor Eli Bartov, who does not work for Trump’s company, testified that he found that the company had made an accounting error in one of its valuations. But he said he did not see any evidence of accounting fraud. “There was no justification for any of these allegations,” he testified.

Published in Dawn, December 8th, 2023

Opinion

Editorial

Open the books
Updated 20 Feb, 2024

Open the books

Irregularities have been so widespread that even otherwise impartial observers are joining the chorus of voices demanding a recount.
BRICS candidacy
20 Feb, 2024

BRICS candidacy

IN an age beset by geopolitical dissonance, states must establish and nurture foreign relationships that can help...
Pneumonia menace
20 Feb, 2024

Pneumonia menace

PANIC is on the rise as the alarming surge in pneumonia cases has created an explosion of headlines — sans...
PML-N challenge
Updated 19 Feb, 2024

PML-N challenge

Nawaz should not only put away his fears to form a minority govt but also realise the nation has deep wounds to heal.
Democracy’s decline
19 Feb, 2024

Democracy’s decline

DEMOCRACY around the world is on the decline. The Economist Intelligence Unit report titled Age of Conflict has...
Banning festivity
19 Feb, 2024

Banning festivity

EVERY year, as the winter chill gives way to the arrival of spring, a centuries-old tradition is suppressed by the...