Former US President Donald Trump will testify under oath on his business affairs on Wednesday. The civil investigation into him involves allegations that the Trump Organization misrepresented the value of some of its properties, thereby duping banks and tax authorities.
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Washington.Former US President Donald Trump will testify under oath on his business dealings on Wednesday (today) as part of the civil investigation by the New York Attorney’s Office. Trump announced this on the Truth Social network he co-founded. The investigation involves allegations that Trump’s company, the Trump Organization, misrepresented the value of some of its properties, thereby duping banks and tax authorities.
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Trump denies allegations against himself
“Tomorrow I’m meeting the racist Attorney General of New York to continue the largest witch hunt in US history!” Trump wrote on Truth Social. He repeated the accusation of racism against Attorney General Letitia James, who is black. “My great company and myself are being attacked from all sides,” Trump added. “Banana Republic!”
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FBI raids Donald Trump’s Florida home
According to the ex-US President, federal police officers searched his property in Mar-a-Lago. The aim was apparently official documents from his tenure.
James has said their investigations revealed the Trump Organization used fraudulent or misleading valuations of assets such as golf courses and skyscrapers to obtain loans and tax benefits. Trump has denied the allegations. Parallel to James’ civil investigation into the Manhattan case, a criminal investigation is ongoing.
Just a few days ago, FBI officials searched the ex-president’s property in Florida. The investigation is about the suspicion that Trump took secret documents with him when he left the White House.
/cloudfront-eu-central-1.images.arcpublishing.com/madsack/4ZYVQQSTPFA27GWYPG5PLRRZJ4.jpeg "Donald Trump testifies under oath in New York: allegations of fraud")
