11-1-2023, 4:37 PM

Trump Jr. disputes having helped prepare his father's financial records

Donald Trump Jr., who was named trustee of his father's revocable trust in 2017 and did not participate in the creation of his father's financial statements at any stage, stated in his testimony.

Trump Jr. was shown the 2017 financial situation statement by Assistant Attorney General Colleen Faherty, which the judge found to be dishonest.

Once more, Trump Jr. denied helping to prepare the statement that year. “I did not. The accountants worked on it, that’s what we pay them for," he said."

Faherty focused on the financial statement's licensing developments and questioned Trump Jr. about whether he provided the accountants with the $246 million valuation associated with the licensing agreements.

As the main contact on the majority of the deals, Trump Jr. acknowledged that he may have discussed them with the accounting team, but he did so without realizing they would use those numbers in the financial statements.

“I didn’t give them a value of $246 million. I could have sat there and gone through each one of the deals individually with Allen Weisselberg, Jeff McConney, Donald Bender, and given them an idea of what I believe the cash flow coming from those deals would have been worth, not even knowing it was for the purposes of this,” Trump Jr. testified.

“I could have very well been involved in inferring that number but not knowing it was for that purpose,” he added.

Trump Jr. gave testimony for less than ninety minutes on Wednesday afternoon, and on Thursday morning, he is anticipated to appear again under direct interrogation. The Trump defense team has said that they would not subject their client to a cross-examination.

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