Home / US / Lawyers for Trump call on the president's accounting firm not to comply with the court date

Lawyers for Trump call on the president's accounting firm not to comply with the court date

President Trump speaks in Oval Office on April 11. (Oliver Contreras / For the Washington Post)

Lawyers for President Trump on Monday told an accounting firm working for the president that it would be inappropriate to turn tax documents to a house committee expected to file a lawsuit for the material.

Last week, the chair of the chamber monitoring committee, Rep. Elijah E. Cummings (D-Md.), Announced that he intended to raise Mazars USA after the company refused a march request to hand over Trump's financial documents and cited laws and regulations requiring a lawsuit for such acts.

Cummings said the company had requested a "friendly" before following the information request associated with the Trump organization, the President's revocable trust and other actions.

On Monday, lawyers to the president and trump organization wrote in a letter to the accounting firm's advice that an investigating court "would not be valid or enforceable".

Presidential lawyers – William S. Consovoy and Stefan Passantino – wrote that a court of Cumming's panel would be invalid "because it would have no legitimate legislative purpose".

They said "the real reason why President Cummings wants our customers 'financial information is to deepen the Democrats' agenda of politically attacking President Trump … The Democrats have only stepped up after the special adviser has dissipated his" Russia's cooperation "story. "

A lawyer for Mazars USA did not immediately respond to a request for comment. Cummings did not immediately respond to a request for comment.

The pressure on the accounting firm to withstand the arrest date comes after the Ministry of Finance missed an initial deadline for handing over Trump's returns to the House Ways and Means Committee, which then set up another deadline on April 23.

The Democrats in the House expect the Trump administration to take the battle over the returns to the courts, so they have sought other ways to learn about Trump's business practices.

House panel told Mazars that it is seeking the documents to confirm the testimony of the President's former lawyer Michael Cohen, who recently told a congressional hearing that Trump artificially inflated and deflated the carrying amount of his assets for personal gain.

At the time of his testimony, Cohen gave the commission of inquiry that he said that Trump gave Deutsche Bank an attempt in 2014 to buy Buffalo Bills.

T The documents showed that Trump's net value increased from $ 4.55 billion in 2012 to $ 8.66 billion in 2013 due to a line item worth $ 4 billion worth of "brand value" – mainly the value Trump placed on his name.

The Supervisory Committee sent a letter to Mazars on March 20 and requested information on how the financial statements and other disclosure documents were prepared.

Consovoy and Passantino wrote Cummings on Monday that Mazars must reject the committee's request "under federal law, the New York law, and the ethical rules governing the auditor's duties to their clients. Further attempts to obtain that information (by lawsuit or otherwise) way) would be inappropriate for many reasons. "

Source link