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

BREAKING! Alleged $7.2bn Fraud: EFCC Quizzes Ex-NNPCL Boss, Mele Kyari

By Abiola Olawale The immediate past Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has reportedly been grilled on Wednesday by the Economic and Financial Crimes Commission (EFCC) over allegations of multi-billion-dollar fraud. Reports emerging on Wednesday revealed that Kyari voluntarily appeared before the EFCC to answer questions…

NNPC Boss, Kyari Supports Subsidy Removal Say FG Owes His Company N2.8tn

Akpabio vs. Natasha: Ezekwesili accuses Senate is leading a misadventure to destroy Democracy, rule of law in Nigeria

By Abiola Olawale In a scathing open letter released on Wednesday, a former Nigerian Minister of Education and renowned public policy advocate, Dr. Obiageli Ezekwesili, has accused the Nigerian Senate, led by President of the Senate, Senator Godswill Akpabio, of alleged constitutional violations. Ezekwesili claimed that the Senate allegedly assaulted democratic principles by refusing to…

Arise IIP raises $700m in Africa infrastructure deal, welcomes Saudi Vision Invest as shareholder

By Obinna Uballa Arise Integrated Industrial Platforms (Arise IIP), a pan-African developer and operator of industrial zones, has secured $700 million in fresh capital, marking one of the largest private infrastructure transactions in Africa. The deal, announced Wednesday in Dubai, sees Saudi Arabia’s Vision Invest join as a new shareholder alongside founding investors such as…

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