The Supreme Court thus paved the way for the New York district attorney for the Manhattan district, Cyrus Vance, to obtain Trump’s tax returns, which represents a severe legal setback for the former president, who has long and strongly opposed handing over his accounts. financial statements to court.
However, the documents will not be released publicly, since, according to the Supreme Court’s ruling, the tax returns will be subject to the grand jury rules of secrecy, which prevents their disclosure outside the court.
Vance is investigating whether Trump’s secret campaign money payments to porn actress Stormy Daniels, to prevent her from going public about an alleged sexual relationship between them, violated New York State law.
Trump insists on “bad faith” and “harassment”
Trump has insisted on his refusal to provide the financial documents, considering that the order is too broad, was issued “in bad faith” and amounts to political “harassment” by Vance, who is from the Democratic Party.
The Manhattan district attorney is demanding his eight-year tax returns and other documents from Trump as part of his investigation into the secret payments to the porn actress. In addition, Vance is studying whether the former president committed other possible crimes, including bank and insurance fraud, as suggested months ago in court documents.
Last July, the Supreme Court had already rejected Trump’s attempts to declare himself immune to these subpoenas given his status as president at that time, and established that, as a leader, he was not entitled to any type of treatment different from the common one. the citizens.
Another process for possible concealment of the value of assets
In addition to this process, Trump is the subject of another judicial investigation in New York for possible concealment of the value of assets to obtain loans and tax exemptions. This other process is carried out by the attorney general of New York, Letitia James, who is investigating whether Trump inflated the value of some properties in the state to obtain loans and if he also falsified them to claim tax exemptions.
Among the cases being investigated is a gigantic mansion owned by the Trump family in upstate New York, in Westchester County, for which they received generous tax breaks by arguing that the land was dedicated to nature conservation, something that could have emulated in other failed development projects.
Both processes can complicate Trump’s legal problems after leaving the presidency on January 20.
rml (efe, afp)