Court fight looms as questions swirl over Trump’s finances

KIFI

Published February 15, 2022 2:57 PM

By MICHAEL R. SISAK
Associated Press

NEW YORK (AP) — Questions about Donald Trump’s business practices are piling up. Whether the former president must answer them could be decided in a matter of days. New York’s attorney general will go to court Thursday seeking to enforce a subpoena for Trump’s testimony under oath in a civil investigation. The attorney general says Trump’s company used “fraudulent or misleading” valuations of his properties to get loans and tax benefits. A court filing Monday revealed Trump’s accounting firm recently advised him to stop using financial statements it prepared on his behalf. Trump said Tuesday the accounting firm had been hounded into cutting ties with him. He estimated his net worth at around $9 billion.

Article Topic Follows: AP National Business

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