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Trump says he will testify in New York investigation into his business practices

Por Kanishka Singh

Aug 10 – Former US President Donald Trump said he would testify Wednesday in an investigation by the New York state attorney general into his family’s business practices. The possible testimony comes amid a flurry of legal problems for the former president.

New York State Attorney General Letitia James is conducting a civil investigation examining whether The Trump Organization inflated real estate values. Trump and two of his adult children, Donald Trump Jr. and Ivanka Trump, have agreed to testify.

Trump has denied wrongdoing and has dismissed the New York investigation as political. James is a Democrat.

“In New York City tonight. Watching the racist Attorney General of New York tomorrow, for the continuation of the biggest Witch Hunt in US history! My big company and myself are being attacked from all sides. Banana Republic!” Trump said in a post on his Truth Social platform late Tuesday.

James has said his investigation had uncovered significant evidence that The Trump Organization, which manages hotels, golf courses and other real estate, overstated asset values ​​to obtain favorable loans and understated values ​​to obtain tax breaks.

Separately, this week the Federal Bureau of Investigation (FBI) searched Trump’s home in Florida, marking a major escalation in the federal investigation into whether the former president illegally removed White House records when he left office in January 2021.

Trump has been publicly flirting with the question of running for president again in 2024, but has not said clearly whether he will do so.

The search warrant for Trump’s Florida estate related to the National Archives and Records Administration, the institution tasked with safeguarding presidential records that belong to the public, and whether there were any classified documents at Trump’s Mar-a-Lago complex in Palm Beach, Florida, according to a person familiar with the matter.

Several investigations have focused on Trump since he left office, weeks after his supporters stormed the US Capitol on January 6, 2021, in an unsuccessful attempt to overturn his electoral loss. Trump continues to falsely claim that the election was stolen through widespread voter fraud.

Trump remains the most influential voice in the Republican Party, and observers said the pursuit of the FBI could strengthen its position among the voters of the formation.

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