Categories: INDIA NEWS

US Supreme Court paves way for release of Donald Trump’s tax returns


The US Supreme Court on Monday paved the way for a New York City prosecutor to obtain former President Donald Trump’s tax returns and other financial records as part of a criminal investigation, a blow to his quest to conceal details of his finances.

The justices without comment rebuffed Trump’s request to put on hold an Oct. 7 lower court ruling directing the former Republican president’s longtime accounting firm, Mazars USA, to comply with a subpoena to turn over the materials to a grand jury convened by Manhattan District Attorney Cyrus Vance, a Democrat.

“The work continues,” Vance said in a statement issued after the court’s action.

Vance had previously said in a letter to Trump’s lawyers that his office would be free to immediately enforce the subpoena if the justices rejected Trump’s request.

The Supreme Court building in Washington. (AP)

A lawyer for Trump did not immediately respond to a request for comment.

The Supreme Court, which has a 6-3 conservative majority included three Trump appointees, had already ruled once in the dispute, last July rejecting Trump’s broad argument that he was immune from criminal probes as a sitting president.

Unlike all other recent U.S. presidents, Trump refused during his four years in office to make his tax returns public. The data could provide details on his wealth and the activities of his family real-estate company, the Trump Organization.

Trump, who left office on Jan. 20 after being defeated in his Nov. 3 re-election bid by Democrat Joe Biden, continues to face an array of legal issues concerning his personal and business conduct.

Vance issued a subpoena to Mazars in August 2019 seeking Trump’s corporate and personal tax returns from 2011 to 2018. Trump’s lawyers sued to block the subpoena, arguing that as a sitting president, Trump had absolute immunity from state criminal investigations.

The Supreme Court in its July ruling rejected those arguments but said Trump could raise other objections to the subpoena. Trump’s lawyers then argued before lower courts that the subpoena was overly broad and amounted to political harassment, but U.S. District Judge Victor Marrero in August and the New York-based 2nd U.S. Circuit Court of Appeals in October rejected those claims.

Vance’s investigation, which began more than two years ago, had focused on hush money payments that the president’s former lawyer and fixer Michael Cohen made before the 2016 election to two women – adult-film actress Stormy Daniels and former Playboy model Karen McDougal – who said they had sexual encounters with Trump.

In recent court filings, Vance has suggested that the probe is now broader and could focus on potential bank, tax and insurance fraud, as well as falsification of business records.

In separate litigation, the Democratic-led U.S. House of Representatives was seeking to subpoena similar records. The Supreme Court in July sent that matter back to lower courts for further review.



Source link

Recent Posts

Tere Bina Song Lyrics (Kulshan Sandhu, Gur Sidhu) – Download Free Lyrics PDF & Ringtone Here – mysonglyrics

Tere Bina Lyrics Song is the latest Punjabi song Sung by Kulshan Sandhu, Gur Sidhu. Tere… Read More

16 hours ago

Jindey Song Lyrics (Masha Ali) – Download Free Lyrics PDF & Ringtone Here – mysonglyrics

Jindey Lyrics Song is the latest Punjabi song Sung by Masha Ali. Jindey lyrics is Given… Read More

16 hours ago

Tere Bina Lagda Na Jee Song Lyrics (Arsh Punia) – Download Free Lyrics PDF & Ringtone Here – mysonglyrics

Tere Bina Lagda Na Jee Lyrics Song is the latest Punjabi song Sung by Arsh Punia.… Read More

16 hours ago

Sharminda Haan Song Lyrics (Khan Saab, Mannat Noor) – Download Free Lyrics PDF & Ringtone Here – mysonglyrics

Sharminda Haan Lyrics Song is the latest Punjabi song Sung by Khan Saab, Mannat Noor. Sharminda… Read More

16 hours ago

Do or Die Song Lyrics (Rangrez Sidhu) – Download Free Lyrics PDF & Ringtone Here – mysonglyrics

Do or Die Lyrics Song is the latest Punjabi song Sung by Rangrez Sidhu. Do or… Read More

16 hours ago

Gun Warga Song Lyrics (Harvy Sandhu) – Download Free Lyrics PDF & Ringtone Here – mysonglyrics

Gun Warga Lyrics Song is the latest Punjabi song Sung by Harvy Sandhu. Gun Warga lyrics… Read More

16 hours ago