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Trump’s daughter says at trial that she doesn’t remember details of her father’s company’s business

Ivanka Trump, daughter of Donald Trump, said this Wednesday (8) that she did not remember details of real estate deals she worked on at her father’s company, in testimony at the civil fraud trial in New York, which threatens the empire of companies owned by the former president of the United States.

Like her brothers Donald Trump Jr. and Eric Trump, who testified last week, Ivanka sought to distance herself from the evaluation methods, which have already been deemed fraudulent by the judge overseeing the trial.

Trump, by contrast, acknowledged on the witness stand that some of the company’s valuations of golf courses, office towers and other assets were inaccurate.

The lawsuit filed by New York Attorney General Letitia James accuses Trump and his family companies of manipulating real estate asset values ​​to deceive creditors and insurers and embellish Trump’s reputation as a successful businessman.

Unlike her brothers and father, Ivanka Trump is not a defendant in the case.

As a top executive at the Trump Organization between 2011 and 2017, Ivanka said she focused on redeveloping the Doral golf course in Florida and the Old Post Office property in Washington.

At trial, she was shown a 2011 email in which she acknowledged that Deutsche Bank’s requirement that her father maintain a net worth of at least $3 billion was a problem, but encouraged company officials to approve it anyway.

“We wanted to get an excellent rate, and the only way to get resources/term and principal where we want them is to secure the deal,” she wrote to a Trump Organization lawyer.

The two sides ultimately agreed to set the net worth requirement at $2.5 billion, even though his father claimed a net worth of $4.3 billion that year.

On the witness stand, she said she was in favor of the settlement but did not remember the specific terms. “I felt that overall the terms of the deal with Deutsche Bank for Doral were positive,” she said.

She also saw a 2011 email she received from the federal government expressing concern about irregularities in Trump’s financial statements as the company proposed redeveloping the Old Post Office, a federal property.

She again said she did not remember details. “There were a lot of emails, a lot of conversations,” she said.

Trump, who is ahead of his rivals for the 2024 Republican presidential nomination despite a whirlwind of legal troubles, has denied any wrongdoing and accused James and Judge Arthur Engoron of political bias and “election interference.”

He repeated those claims on social media Tuesday night, saying it was “sad!” that Ivanka was being forced to testify.

See also – Trump: Biden government financed attacks on Israel

Source: CNN Brasil

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