What did Ivanka Trump say on the stand in her testimony at her father’s civil fraud trial?
Ivanka Trump has testified in her father’s civil fraud trial, distancing herself from financial documents that are at the heart of the $250 million lawsuit.
Ivanka Trump was New York State’s final witness at the attorney general’s $250 million civil fraud lawsuit against former President Donald Trump and his company.
The unwilling witness served as executive vice president at the family’s Trump Organization but said she had nothing to do with her father’s personal financial statements.
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Ivanka Trump denies knowledge of father’s financial statements
“Those were not things that I was privy to,” Ivanka Trump said, apart from having read “a few documents and correspondence” that referred to them.
When asked if she had any recollection of her father having personal financial statements, she said, “Not specifically… Well, see, I combine them all in my mind, like the statements of the company and, so I, no, not like specific to him.”
She said multiple times that she could not recall specific details of the matters she was asked about. She admitted to being involved in the company’s real-estate deals, but said she had no hand in figuring out the former president’s net worth.
“I generally understood that there was a personal guarantee,” she said. “This level of granularity was not something that I can sit here today and say that I recall.”
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$250 million case could deal a crippling blow to Trump’s empire
The lawsuit filed by New York Attorney General Letitia James accuses Trump and his co-defendants of inflating financial statements to get better terms on bank loans and insurance policies.
The judge in charge of the case had already determined in a pre-trial ruling that the Trumps have committed fraud. The trial is being held to determine the actions to be taken against them, and what penalties should be handed out, if any.
The attorney general’s office rested its case after Ivanka Trump’s testimony. The witness, unlike her adult brothers, is no longer a defendant in the case.
Donald Trump’s team will begin presenting its defense on Monday.