Masha Midhath   11 December 2023 - 04:44 PM
Donald Trump announced on Monday that he will not testify in his New York fraud case, stating that he has "nothing more to say."

The 77-year-old posted the surprise statement on Truth Social, adding that he has “already testified to everything” in the ongoing trial against him, his eldest sons Don Jr and Eric, and other Trump Organization executives.

Last month, the prosecution questioned Trump and other defendants over accusations of exaggerating their real estate assets' value to secure more favorable loans and insurance terms. For four hours on November 6, Trump sparred with prosecutors — with his acrimonious answers at times earning rebukes from Judge Arthur Engoron, who warned the current Republican front-runner that “this is not a political rally.”

On Sunday, Trump said that he had already testified “very successfully & conclusively” in the case.

Former President Donald Trump is on trial in New York in a $250 million civil lawsuit that could alter the personal fortune and real estate empire that helped propel Trump to the White House.

Trump, his sons Eric Trump and Donald Trump Jr., and other top Trump Organization executives are accused by New York Attorney General Letitia James of engaging in a decade-long scheme in which they used "numerous acts of fraud and misrepresentation" to inflate Trump's net worth in order get more favorable loan terms. The trial comes after the judge in the case ruled in a partial summary judgment that Trump had submitted "fraudulent valuations" for his assets, leaving the trial to determine additional actions and what penalty, if any, the defendants should receive.

The former president has denied all wrongdoing and his attorneys have argued that Trump's alleged inflated valuations were a product of his business skill.