Former US president Donald Trump has appealed the $355 million fine imposed on him by a New York court earlier this month. The Republican leader was found guilty of manipulating the values of his properties to obtain favourable court conditions.
According to court documents submitted on Monday (Feb 16), the penalty amount had risen to $454 million after a pre-trial interest of nine per cent per day was charged. Until the full sum is paid, the interest will continue to be levied ($112,000 a day) with New York Attorney General Letitia James claiming that she would seize Trump’s properties if he fails to pay the fine.
“President Donald J. Trump, Donald Trump Jr, Eric Trump, Allen Weisselberg… hereby appeal to the Appellate Division,” read Monday’s appeal.
Trump’s attorneys argued whether Judge Arthur Engoron had “committed errors of law and/or factā and whether he abused his discretion or āacted in excessā of his jurisdiction.
The appeal by the Trump camp means the case with the significant financial jeopardy it brings, will continue well into the presidential campaign as Trump looks set to win the nomination race.
Peoplesmind
