Trump spends Rs. 7 lakh fine! Do you know why?


Trumpobeys a subpoena and surrenders documents relating to his business: A US court has given a huge shock to Donald Trump, a former president of the United States and often in the news as a controversial leader. Trump's business dealings cost about Rs. Ordered to pay a fine of up to Rs 7 lakh. To this extent, Judge Engoron said ... In the 2019 trial, Trump made it clear that he was fined not only for misrepresenting the value of his assets for his financial interests but also for failing to submit the required documents.

That is why Trump has stated that he will have to pay the daily fine from Tuesday. He said he deliberately defied court orders. He said there was evidence in the investigation that property values, including golf clubs and penthouse apartments, had been misrepresented. He also said that in some cases the assets were overvalued for getting good loans and in other cases, their value was underestimated for getting tax benefits.

In fact, Trump has previously failed to submit documents related to those assets as per court orders. But at the request of his lawyers, the court adjourned until March 31. However, Trump's lawyer Alina Habba said she would appeal the decision after the trial.

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