In a civil case in which former U.S. President Donald Trump was ordered to pay more than 68 billion yen in Japanese yen, a New York state court has decided to significantly reduce the amount of the deposit necessary to avoid seizure of his assets at Trump's request. Mr. Trump acknowledged the reduction and expressed his intention to pay the tax promptly.
The lawsuit was filed by the attorney general of New York, alleging that a real estate company run by Trump before he became president had been inflating the value of the company's assets for about 10 years and gaining illegal profits. Last month, a state court ordered Trump to pay more than $450 million, including interest, or more than 68 billion yen.
Mr. Trump has filed an appeal, but in order to avoid seizure of his assets for the time being, it is necessary to pay a deposit equal to or greater than the payment order, and Mr. Trump has requested that the deposit be reduced, arguing that it is too high. Ta.
On the 25th, the deadline for paying the bond, the court extended the deadline by 10 days and, at Mr. Trump's request, decided to reduce the bond to $175 million, or over 26 billion yen in Japanese yen. Ta.
In response, Trump told reporters, ``I respect the court's decision.I will immediately pay the necessary amount in cash or other forms.''
American media has reported that Trump is struggling to raise funds due to a series of lawsuits, so this decision is said to be ``an extremely important victory for Trump, and may be able to stave off a looming financial shortage.'' It is reported.
Trump's criminal trial will begin on the 15th of next month
The first trial in the criminal trial in which Trump is accused of falsifying business records in order to pay hush money for his affair before the 2016 presidential election will be held on the 15th of next month. .