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Trump pays $110,000 fine for blocking New York State tax investigation | world news

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Former President Donald Trump has paid the $110,000 in fines he incurred after being held in contempt of court for delaying in responding to a subpoena issued by the New York Attorney General.

Trump paid the fine on Thursday but must still submit additional documents in order to have the contempt order lifted, Attorney General Letitia James’ office said Friday.

A message seeking comment was left for Trump’s attorney on Friday.

A Manhattan judge found Trump in contempt of court on April 25 and fined him $10,000 a day for failing to comply with a subpoena in the long-running investigation. of James on his business practices.

Judge Arthur Engoron agreed on May 11 to lift the contempt order if, by Friday, Trump pays the fines and submits affidavits detailing efforts to search for subpoenaed records and explaining his document retention policies and those of his company.

Engoron also demanded that a company hired by Trump to help with the search, HaystackID, finish going through 17 boxes held in offsite storage, and that the company report its findings and turn over all relevant documents. That process was completed on Thursday, James’ office said.

Engoron told Trump to pay the money directly to James’ office and the attorney general to hold the money in an escrow account while Trump’s legal team appeals the judge’s initial contempt ruling.

Engoron stopped the fine from accumulating on May 6, when Trump’s attorneys submitted 66 pages of court documents detailing efforts by him and his attorneys to locate the subpoenaed records.

He warned he could reinstate it, retroactive to May 7, if his conditions were not met.

James, a Democrat, said her three-year investigation uncovered evidence that Trump’s company, the Trump Organization, misrepresented the value of assets such as skyscrapers and golf courses in its financial statements during more than a decade.

Trump, a Republican, denies the allegations.

He called James’ investigation racist and a politically motivated witch hunt. James is black. Trump’s lawyers have charged her with selective prosecution. Trump is also suing James in federal court, seeking to end his investigation.

Last week, a lawyer in James’ office said Friday that evidence found in the investigation could warrant legal action against the former president, his company, or both.

The attorney, Andrew Amer, told a hearing in Trump’s lawsuit against James that there was clearly a substantial amount of evidence accumulating that could support the filing of enforcement proceedings, although a final decision on whether to file such an action has not been made.

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