Ivanka Trump, daughter of 2024 GOP frontrunner Donald Trump, testified in Manhattan on Wednesday in the civil fraud trial brought forth by New York Attorney General Letitia James against the Trump Organization.
Attorneys for James’ office questioned Ivanka Trump on her role in securing financing for the Doral Gold Resort and Spa in Florida, showing email communications from the Trump daughter with lenders in regards to potential financing terms for the Doral property, according to CNN.
Trump attorney Chris Kise objected to the admission of documents related to potential funding that did not go through for the Doral property, calling it irrelevant, but Judge Arthur Engoron overruled the objection.
One August 2011 email that was displayed in court showed Ivanka Trump telling a Beal Bank executive that her father’s financial statements were being sent in the mail for review. She was asked whether the bank had requested these documents or if she offered them, to which she said she didn’t recall.
In regards to the value of a penthouse apartment she leased in one of her father’s Manhattan buildings, Ivanka Trump said, "I wasn’t involved in his statement of financial condition."
The attorney general’s office asked whether the value of her purchase option was factored into her father’s statement, which was $8.5 million compared to $20.8 million on Trump’s financial statement, Ivanka said, "I can’t say what it took into account or didn’t take into account."
The attorney’s office also questioned her on whether she proposed the lowering of the net worth requirement for Trump under a loan agreement with Deutsche Bank.
The final agreement stated that Trump needed to maintain a minimum net worth of $2.5 billion. An earlier draft stated that he needed to maintain at least $3 billion, and an email shown in court showed Ivanka asking for a $2 billion requirement.
The office also shared a 2011 email to the courtroom with the subject line "Project Eagle," in which Ivanka reportedly stated "it doesn’t get better than this" in regard to loan terms offered by Deutsche Bank, according to the New York Post.
In response, Ivanka said, "Well we ended up doing the deal with Deutsche Bank. Yes, I thought generally the deal terms with Deutsche Bank were positive and we proceeded forward."
Before breaking for lunch, the attorney general’s office attempted to ask Ivanka Trump about an email chain between herself and husband Jared Kushner discussing a Trump organization loan.
Kise objected to Ivanka being questioned about the communications, asking the judge to block the chain citing "spousal privilege."
The attorney general’s office argued that the email chain was fair game because more than the husband and wife were included in the email thread.
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