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Today’s Supreme Court ruling means the grand jury’s investigation into the alleged silent payments and other issues will no longer be hampered by former President Trump’s struggle to keep the documents secret.
The documents, however, will be subject to grand jury secrecy rules which restrict their public release.
The subpoenas cover documents from January 2011 to August 2019, including tax returns from Trump, from his longtime accounting firm, Mazars. The documents relate to the Trump organization’s employment of former Trump attorney Michael Cohen and the silent payment Cohen allegedly made to two women who claimed to have had extramarital affairs with Trump.
Manhattan District Attorney’s Office Cy Vance is investigating whether the Trump organization violated state laws and examining the legality of tax deductions, including conservation easements and consulting fees that the company took, as well as what the Trump organization has told lenders and tax authorities about the value of its assets.
Vance’s investigation began its investigation in earnest in August 2019, initially examining the quiet payments Cohen facilitated to silence claims by two women that they had a relationship with Trump. The former president has denied the business.
Vance’s office said the records were crucial to the investigation, in part because of the statute of limitations for potential crimes they are investigating.
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