Donald Trump to Testify In New York Probe Over Alleged Fraud In July: Report
As per the lawsuit, NY State Attorney General Letitia James must complete her questioning by the following week.
Former US President Donald Trump.
(Photo courtesy: Ting Shen/Xinhua/IANS)
According to a court filing, former President Donald Trump and his children, Donald Jr and Ivanka, are slated to testify in New York's civil inquiry over alleged fraudulent business practices beginning 15 July, AFP reported.
According to the lawsuit, New York State Attorney General Letitia James and her team of detectives must complete their questioning "by the following week".
In February, A New York court had subpoenaed Trump and his children Ivanka, ordering them to submit their testimonies before James.
Papers filed by a lower court also indicate that Trump, Donald Jr, and Ivanka have a 13 June deadline to petition to New York's top court for a stay.
Background
Trump's plea to quash a subpoena from James was dismissed in February, following which he missed providing the documents before a court-ordered deadline of 3 March. The date was later extended to 31 March at his lawyer's request.
The case pertains to allegations of whether the former president's Trump Organisation misstated the values of its properties in order to obtain favourable bank loans and tax deductions. James, a Democrat, is investigating the case.
She reportedly said that the probe which has been on for more than three years has found "significant evidence" to say that Trump's company made misleading asset valuations in its financial statements for more than 10 years.
Trump, meanwhile, has denied the allegations.
On 25 April, New York Judge Justice Arthur Engoron had held Trump in contempt for failing to produce relevant documents for the probe, leading to the former president paying a $110,000 fine last month.
In a separate case, Trump's assets are also being probed in Manhattan.
(With inputs from AFP.)
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