Judge says Trump contempt ruling lifted if he pays $110K fine, provides other info

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  • A New York judge said he would lift a contempt of court finding against former President Donald Trump by next week if Trump’s legal team provides more information about a search for documents sought by the state Attorney General and pays a $110,000 fine.
  • If those conditions are not met by May 20, Judge Arthur Engoron said he would reinstate a $10,000 per-day fine against Trump for being in contempt.
  • Engoron earlier found Trump in contempt for having failed to comply with a subpoena issued by Attorney General Letitia James.
  • Trump and his lawyers have said they cannot locate documents sought by James as part of his civil investigation of the Trump Organization and its valuation of several real estate assets.

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A New York judge said Wednesday that he would lift a contempt of court finding against former President Donald Trump by next week if Trump’s legal team provides more information about a search for documents sought by the state Attorney General and pays a $110,000 fine.

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If those conditions are not met by May 20, Judge Arthur Engoron said he would reinstate a $10,000 per-day fine against Trump for being in contempt for having failed to comply with a subpoena issued by Attorney General Letitia James.

Trump and his lawyers have said they cannot locate documents sought by James as part of his civil investigation of the Trump Organization and its valuation of several real estate assets.

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Engoron previously has said he was not satisfied with the explanations that Trump and the lawyers have given detailing their search for those documents.

The Manhattan Supreme Court judge held Trump in contempt last month, and imposed the $10,000 daily fine.

James’s office is eyeing that the Trump Organizations illegally manipulated the stated values ​​of different properties in order to obtain financial benefits when applying for loans, obtaining insurance policies and paying taxes.

A lawyer for Trump had no immediate comment on Engoron’s ruling Tuesday.

This is breaking news. Please check back for updates.

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Credit: www.cnbc.com /

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