The former ‘fixer’ testifies that Trump would arbitrarily set a figure for his net worth and staff would ‘reverse engineer’ valuations
Former US president Donald Trump during a trial at New York State Supreme Court on Tuesday. Photograph: Maansi Srivastava/The New York Times/BloombergFormer US president Donald Trump “arbitrarily” set a figure for his net worth and senior staff would “reverse engineer” asset valuations to meet those figures, his one-time lawyer and “fixer” Michael Cohen has told a New York court.
However, Mr Cohen broke with the former president about five years ago and later spent time in prison after pleading guilty in relation to tax crimes, campaign violations and lying to the US Congress. Israel-Hamas war: Gulf states walk geopolitical tightrope as popular Arab sentiment condemns bombardment of GazaThe former president has denied the allegations made by Ms James that Mr Trump and his company misled banks, insurers and others by giving them financial statements that inflated his wealth. He has claimed that the allegations against him, as in the criminal cases he is facing, are politically motivated and aimed at damaging his campaign for the presidency.
Mr Trump, who turned up at court on Tuesday, is the front-runner to secure the Republican Party nomination to run for the White House in the presidential election next year. His arrival to give evidence on Tuesday marked the first time that Mr Cohen was known to have publicly met Mr Trump in five years.
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