NY expands inquiry into Donald Trump’s business practices

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Attorney general issues ssubpoenas to former president and his two eldest children over property valuations via IrishTimesBiz

on Monday. A spokesperson from her office said investigators were “seeking interviews under oath” for all three family members.

The court filings said the subpoenas were issued “in connection with an investigation into the valuation of properties owned or controlled byMs James’s investigation is believed to focus on whether Donald Trump inflated the value of his properties for some purposes – such as securing a bank loan or insurance – while minimising them when it came to paying taxes.

Lawyers for the Trumps filed a motion on Monday evening seeking to quash the subpoenas, arguing they can only be legally issued by a grand jury, but James said in a statement she would ask the court to compel all three to testify.have continually sought to delay and impede our investigation,” Ms James said. “But despite their names, they must play by the same rules as everyone else.”

The subpoenas come after Ms James in September signalled that more charges were likely to emerge from the three-year investigation into Trump’s business dealings. “I can assure you that that investigation remains alive and well. So stay tuned,” she said at the time.

 

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