Trump Denies Being Probed For `Broader’ Financial Fraud

Hamilton Nwosa
Writer
President Donald Trump speaks about the PREVENTS "President's Roadmap to Empower Veterans and End a National Tragedy of Suicide," task force, in the East Room of the White House, Wednesday, June 17, 2020, in Washington. (AP Photo/Alex Brandon)

Ad

Israel, Hamas Greenlight First Phase of Trump’s Peace Plan

By Abiola Olawale Israel and Hamas have inked their approval on the inaugural phase of the United States President Donald Trump's Gaza peace initiative. The agreement, announced on Wednesday amid high-stakes indirect talks in Egypt, paves the way for an immediate ceasefire, the release of hostages, and a surge in humanitarian aid. This development is…

Where Extreme Poverty Rates Are Highest in the World

Key Takeaways Africa is home to 23 of the top 30 countries with the highest rates of extreme poverty. Kosovo ranks in 19th globally in 2024, seeing the highest rates outside of Africa—a country that faces high unemployment rates and ongoing conflict. The Democratic Republic of Congo (DRC) produces roughly three-quarters of the world’s cobalt, it…

Oil Prices Drop as Israel and Hamas Agree to Ceasefire

Oil prices fell in early morning trade on Thursday in Asia as Israel and Hamas agreed to a pause in fighting and a hostages-for-prisoners exchange, under a framework advanced by the Trump administration. Under the agreement, Hamas will release as many as 20 living hostages this weekend, and Israel will pull back forces to a negotiated…

Ad

U.S. President Donald Trump has dismissed claims by Manhattan District Attorney, Cyrus Vance, that he was being investigated for ‘ broader’ financial and insurance fraud.

In a court filing, Trump’s lawyers argued that the probe was about hush-money he allegedly paid sex workers through his former lawyer and fixer, Michael Cohen, in 2016.

The motion, filed at a federal court in New York, is Trump’s latest attempt to shoot down Vance’s request for eight years of his personal and corporate tax records.Fraud new, broader financial, district attorney

Read also: Shock As Actress, Sophie Alakija’s Marriage To Nigeria’s Richest Woman’s Son, Wale Alakija Crashes

It was in response to a motion by the district attorney to dismiss the president’s fresh efforts to block the subpoena without delay.

The president’s legal team insisted that the district attorney’s subpoena was“ overbroad and issued in bad faith, and amounted to harassment.”

Vance suggested last week that Trump’s company was also being investigated for potential fraud after the subpoena was thought to be part of a grand jury probe focusing on the hush payments.

“The president plausibly alleges that the grand jury investigation is about certain payments made in 2016, not some murky inquiry into broader financial practices,’’ the lawyers said in the motion.

Read also: Edo 2020: Respite For Obaseki As Ogbeide-Ihama Withdraws Case, Steps Down

The News Agency of Nigeria (NAN) reports that Trump launched the fresh bid to protect his tax returns on July 28 after the Supreme Court ruled he was not immuned to criminal probe.

(NAN)

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp