(CNN) Documents due in DC Superior Court on Friday could clear the way for the Trump Organization's chief financial officer to be deposed as part of a DC attorney general lawsuit that alleges former President Donald Trump's 2017 inaugural committee abused non-profit funds. The DC lawsuit, filed by Attorney General Karl Racine in January 2020, accuses the Trump Presidential Inaugural Committee of coordinating with the former President's family to "grossly overpay" for event space for inauguration events in January 2017 at the Trump International Hotel in DC. Prosecutors at the attorney general's office also allege that the inaugural committee paid nearly $50,000 for a block of rooms reserved by the Trump Organization at the Loews Madison hotel. "The decision for the Trump Organization to punt its debts to the Loews Madison over to the PIC occurred in July 2017, after Mr. Weisselberg had reviewed the PIC's financials. The Trump Organization has asked the judge to rule in its favor, said the attorney general failed to "adduce any competent evidence" and called the allegations "frequently fanciful."
Source: CNN May 28, 2021 00:45 UTC