New York AG: Trump defense of financial statements contradicts court filing

Source: The Hill | February 17, 2022 | Monique Beals

New York Attorney General Letitia James (D) on Wednesday criticized former President Trump’s comments on his company’s financial statements, which she said contradict the former president’s own lawyers’ court filing.

“It is not unusual for parties to a legal proceeding to disagree about the facts,” the attorney general’s office said in a letter filed in the state’s court, according to NBC News.

“But it is truly rare for a party to publicly disagree with statements submitted by his own attorneys in a signed pleading — let alone one day after the pleading was filed,” the letter added.

James is leading an investigation into whether the Trump Organization inflated the value of real estate assets to get bank loans and reduced the values to lower taxes. Her comments on Wednesday were in reference to the former president’s statement on Tuesday that it was a “sham investigation,” NBC reported.

“Remember when the attorney general and or District Attorney say they think my financial statements may be high, I don’t even include these branding numbers in them, which is far more than any discrepancy they may have,” Trump wrote, adding that investigations should be focused on 2016 Democratic presidential nominee Hillary Clinton and “murderers, drug dealers and rapists.”

Ahead of Trump’s statement, a letter from his longtime accounting firm, Mazars USA, said it could no longer vouch for the financial statements it had prepared for the Trump Organization and ended its business relationship with the company.

……..

Viewing 1 post (of 1 total)
Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.