Aug 10 – Former U.S. President Donald Trump indicated he would testify in a New York state attorney general’s investigation into his family’s business practices on Wednesday, with the possible testimony coming amid a flurry of legal challenges facing him.
New York State Attorney General Letitia James is leading a civil investigation into whether the Trump Organization inflated property values. Trump and his two grown children, Donald Trump Jr. and Ivanka Trump, agreed to testify.
Trump has denied wrongdoing and called the investigation in New York politically motivated. James is a Democrat.
“Tonight in New York. Tomorrow I will see the racist N.Y.S. Attorney General for the continuation of the largest witch hunt in US history! My great company and I are being attacked from all sides. The Banana Republic!” Trump said in a post on his Truth Social platform on Tuesday late.
James said her investigation uncovered significant evidence that the Trump Organization, which manages hotels, golf courses, and other properties, overstated asset values to get favorable loans and understated values to get tax breaks.
This week, the Federal Bureau of Investigation (FBI) searched Trump’s Florida mansion, marking a significant escalation in the federal investigation into whether the former president illegally removed records from the White House when he left office in January 2021.
Trump has publicly flirted with whether he will run for president again in 2024 but has not made it clear whether he will.
The search warrant for Trump’s Florida property was related to the National Archives and Records Administration, which is charged with protecting public presidential records, and whether there were classified documents at Trump’s Mar-a-Lago resort in Palm Beach, Fla., according to a person familiar with the matter. matters.
Several investigations have focused on Trump since he left office, weeks after his supporters stormed the US Capitol on January 6, 2021, in an unsuccessful attempt to reverse his election loss. Trump falsely claims that the election was stolen thanks to widespread voter fraud.
Trump remains the GOP’s most influential voice, and observers said the FBI probe could boost his standing with Republican voters.