Former President Donald Trump was formally convicted of contempt of court by a New York judge who challenged his refusal to hand over all documents related to an ongoing investigation into his assets. At the same time, the GOP tycoon was fined $10,000 per day, unless he decides to submit the above documents.
The court’s displeasure became apparent because of Trump’s “repeated failures” to cooperate by delivering all requested material, according to Judge Arthur Angoron. ,I know you take your business seriously, and I take it seriously (therefore) I consider you a citizen in contempt of court.And,” the judge said in the session deserted by Trump.
Specifically, the documents in question are those that pertain to the value of real estate properties managed by the Trump Organization, the family company of the former president. The prosecution’s thesis, supported by New York Attorney General Letitia James, is that Trump maliciously misappropriated the values of his real estate to obtain loans and favorable tax deductions. Among the properties that ended up in the eyes of the prosecutor are Trump’s golf clubs in New York and Scotland, as well as the super-penthouse atop Trump Tower in Manhattan.
Trump’s lawyers had previously obtained an extended deadline for filing documents from March 3 to March 31. In any case, Alina Habba, one of the former president’s defenders, reprimanded prosecutor (DEM) James, accusing him of “a political crusade without purpose.”
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