US Court Dismisses Trump Lawsuit to Stop Financial Probe, New York Attorney General Says

© AFP 2023 / SAUL LOEBIn this file photo taken on October 21, 2020 US President Donald Trump gestures at the end of a Make America Great Again rally as he campaigns in Gastonia, North Carolina
In this file photo taken on October 21, 2020 US President Donald Trump gestures at the end of a Make America Great Again rally as he campaigns in Gastonia, North Carolina - Sputnik International, 1920, 27.05.2022
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NEW YORK (Sputnik) - A US federal court dismissed the lawsuit by former president Donald Trump to stop an investigation into the Trump Organisation's finances, New York Attorney General Letitia James said on Friday.
“In a big victory, a federal court has dismissed Donald Trump’s baseless lawsuit to stop my office’s investigation into his and the Trump Organisation’s financial dealings,” James said via Twitter.
The Office of the New York Attorney General has been investigating the Trump family and Trump Organisation to determine whether they inflated the value of their assets to obtain loans beyond merit, despite attempts by Trump and his legal team to halt the state probe through noncompliance and appeals.
President Donald Trump and his wife Melania during the inauguration in Washington. - Sputnik International, 1920, 03.05.2022
Trump Pays $750,000 to Settle Lawsuit With Washington Attorney General
Trump was ordered by a New York Judge to pay $110,000 in fines in order to lift civil contempt findings against him, which resulted from his family's refusal to comply with subpoenas issued by James.
“Frivolous lawsuits won’t stop us from completing our lawful, legitimate investigation,” James said.
Trump and his company have denied any wrongdoing. The former president had previously called James' probe "a continuation of the greatest Witch Hunt of all time."
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