World

Trump refuses to answer questions in NY probe into his company

August 11, 2022 7:00 am

Former US President Donald Trump. [Source: Aljazeera]

Ex-president insists he did ‘nothing wrong’ but says he invoked Fifth Amendment because he had ‘absolutely no choice’.

Former US President Donald Trump has said that he refused to answer questions under oath during an appearance before the New York state attorney general in an investigation into his business dealings.

Trump had appeared at state Attorney General Letitia James’s offices on Wednesday morning to testify in a long-running civil probe of the Trump Organization’s finances.

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The Fifth Amendment of the US Constitution grants the right to remain silent when questioned by authorities to protect against self-incrimination.

Trump’s deposition in New York came less than two days after FBI agents searched his home in Florida as part of a separate investigation looking into possible mishandling of classified documents by the former president, according to several US media outlets.

The New York attorney general launched the civil investigation in 2019 after Trump’s former personal lawyer Michael Cohen testified in Congress that the ex-president exaggerated his assets “when it served his purposes”.

James has said in court filings that her office has uncovered “significant” evidence that Trump’s company “used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions.”

Trump, who previously suggested that he will run for president again in 2024, has dismissed the New York inquiry, federal probe and the congressional committee investigating the January 6, 2021, attack on the Capitol by his supporters as politically motivated.

On Wednesday, he reiterated that he did “nothing wrong”, stressing – without evidence – that federal authorities, state prosecutors and what he called the “fake news media” are targeting him with unfounded accusations.

Many Republicans have blamed President Joe Biden for the FBI search, but the White House has insisted that it does not interfere in Department of Justice-led investigations.

Trump singled out New York’s James with his criticism on Wednesday, calling her a “failed politician” and accusing her of pursuing a “vendetta” against him.

Trump was impeached twice as president, including in early 2021 for inciting a riot at the US Capitol as legislators were certifying Biden’s election victory, but he was acquitted by the Senate in votes along party lines.