USA, “Trump in panic”. Controversy over the CNN tip-off on bail –

USA, “Trump in panic”.  Controversy over the CNN tip-off on bail –

New York Attorney General Letitia James’ office has asked the appeals court to require Donald Trump to post the full bail before freezing payment of the $464 million fine pending an appeal. “The defendant’s new charges and the legal arguments presented do not support the extraordinary request for a reprieve based on a bond or deposit of less than one-quarter of the total amount” of the sentence, Dennis Fan, James’ deputy, said in the brief. filed today in response to that of Trump’s lawyers who declared the “practical impossibility” of obtaining coverage of the enormous bail by next Monday from one of the many specialized companies contacted.

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According to New York state law, in order to appeal the sentence in the fraud trial that condemns him to pay 454 million dollars, a figure that increases with interest by 112 thousand dollars every day that passes, Trump must deposit a deposit equal to to the full amount. His lawyers asked the appeal court to accept a bail of only 100 million, saying that “few specialized companies can agree to cover a bail” of a higher amount. Statements that the attorney general’s office claims are not true, explaining that the former president can divide the entire bail into several sureties. In short, as expected, James seems intent on taking a hard line in the event that Trump does not deposit the entire bail by Monday, asking Judge Arthur Ergon to authorize the seizure of the tycoon’s assets, starting from the iconic Trump Tower and the 40 Wall Street Tower in New York. A possibility that is “throwing the former president into panic”, writes CNN.

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The broadcaster reveals that Trump’s team is contacting wealthy supporters of the former president and also considering which properties might be sold, and quickly, to raise cash. Despite the usual aggressive statements on social media, the former president is described by CNN as “increasingly worried” regarding the consequences of failure to pay by March 25, especially considering the fact that over the years he has built his image, first entrepreneurial and then political, on his wealth and success in business. For this reason, CNN sources explain that Trump has expressed his opposition to the possible loophole of declaring bankruptcy. Trump’s campaign denies CNN’s reconstruction of a panicked former president, branding it as «a bunch of nonsense and baseless fake news. The President has made a motion to block the unjust, unconstitutional, un-American ruling of Judge Engoron in the witch hunt led by the corrupt prosecutor,” said spokesman Steven Cheung.

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2024-03-22 20:52:42

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