Trump Jr said he had little involvement with the financial matters that lie at the center of the case.
On Wednesday, Donald Trump Jr testified before the courtroom in the civil fraud trial of the Trump family and Trump Organization.
Trump Jr, Trump Organization executive vice president and also a co-defendant in the case, is the first of three Trump children to testify, with Eric and Ivanka Trump to follow, according to Reuters.
Trump Jr told the courtroom that he and brother Eric took over much of the management of the company when their father became president in 2017, and said that he had little involvement in the financial matters that lie at the center of the case.
The lawsuit, brought by New York Attorney General Letitia James, accuses Trump, his two eldest sons, and some of their family businesses of inflating their assets to secure better loan terms.
The judge in the case put a gag order on Donald Trump to prevent him from critiquing those prosecuting the case on social media.
Trump Jr said that the Trump Organization "relied heavily" on former accountant Donald Benter, saying, Bender "worked for us for decades. He handled practically everything. He was an outside accountant that we relied heavily on for our accounting needs," according to NBC News.
Leticia’s office questioned Trump Jr’s knowledge of accounting standards, such as the generally accepted accounting principles (GAAP), to which Trump Jr replied that his knowledge of GAAP was limited to what he learned in an accounting 101 class in college.
"I know nothing about GAAP — I leave it to my accountants," Trump Jr said, according to CNN. "I rely on their opinions and their assessments to make those decisions."
This is a breaking story and will be updated.Powered by The Post Millennial CMS™ Comments
Join and support independent free thinkers!
We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.
Remind me next month
To find out what personal data we collect and how we use it, please visit our Privacy Policy
Comments