Declared in Contempt by New York Court – El Financiero

Former President Donald Trump He was held in contempt Monday for failing to respond to subpoenas over his records in a New York State investigation into asset valuations at his real estate company, a judge ruled.

“I think civil contempt is the right thing to do.”New York State Court Judge Arthur Engoron said in a hearing Monday ordered A fine of $10,000 per day.

The ruling came after the attorney general told the court that New York is likely to sue Trump’s company “in the near future.”

The state requested that Trump be prosecuted in contempt of court and pay the fine for failing to respond to a March 31 deadline. To record quotes.

New York’s attorney general, Letitia James, is pushing to complete her investigation and said it was discovered ‘Important’ guide From misleading assessments of assets the Manhattan-based Trump Organization is using to secure more favorable terms for bank loans and insurance, as well as tax breaks.

Engoron described the lack of an affidavit from Trump confirming that he had no other records to respond to subpoenas A sample of the former president’s contempt.

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