(New York) Justice in New York has set for October 2, 2023, 13 months before the 2024 presidential election, the civil trial of Donald Trump and three of his children, accused of fraudulent tax practices within the Trump Organization.
In the case, New York State Attorney General Letitia James accuses the Republican billionaire and his children of “intentionally” manipulating the valuation of the group’s assets, which include golf clubs, luxury hotels and other real estate—to obtain better loans from banks or lower taxes.
It is seeking $250 million in damages on behalf of the state, as well as a ban on corporate governance for the former president and his relatives.
Three sons of former President Donald Trump Jr., Eric Trump and Ivanka Trump, were also targeted.
New York State Supreme Court Justice Arthur Engoron on Tuesday set a trial timeline from December 2022 to October 2, 2023, when the trial will begin.
Donald Trump, who last week officially announced his 2024 presidential candidacy, is undergoing several legal proceedings, but has yet to be charged.
Three days after that candidacy announcement, Attorney General Merrick Garland announced the appointment of a special prosecutor, Jack Smith, to take over two ongoing investigations into American justice: one about Donald Trump’s efforts to change the outcome of the 2020 presidential election, and the other about managing the White House archives.
This special prosecutor will be responsible for determining whether to indict Donald Trump in one of those two cases, but it is up to the Secretary to decide.
The former president (2017-2021) emerged weak from the midterm elections in November, after lower-than-expected results for the Republicans and several defeats for the candidates they supported, while one of his rivals is potentially running in the primary from his party, Florida Governor Ron. DeSantis was triumphantly re-elected.
On Tuesday, the US Supreme Court also authorized the transfer of the former president’s tax returns, rejecting a final appeal from Donald Trump.
A House committee, in Democratic hands until January, has been demanding for three years the documents that the billionaire turned over to tax authorities between 2015 and 2020.
But, unlike all White House tenants since the 1970s, Donald Trump has always refused to release his tax returns and fought hard in court to block Congress’ request.
The lack of transparency of Donald Trump, who has made his wealth an argument in his campaign, has fueled speculation for years about the extent of his wealth or potential conflicts of interest.
However, it is not certain that the transfer of his tax archives to Congress removes the veil over the affairs of the Septuagint.
The body that called these tax returns to develop an ethical code on the affairs of chiefs is not meant to make them public. In January, Republicans will regain control of the House of Representatives and will likely bring down the position.