World
Court orders Donald Trump to pay nearly $355 million in civil fraud trial
A judge has ordered Donald Trump, former United States president, to pay nearly $354.9 million in a ruling in the New York civil fraud case.
Trump is also barred from serving as an officer or director of any New York corporation or other legal entity in the state for three years.
The other defendants include Trump’s eldest sons, their companies, and some of the former president’s organisation executives.
In a 92-page ruling on Friday, Arthur Engoron, presiding judge, said “this Court finds that defendants are likely to continue their fraudulent ways unless the Court grants significant injunctive relief”.
Engoron described Trump and his associates as unremorseful, saying “their complete lack of contrition and remorse borders on pathological”.
“This is a venial sin, not a mortal sin,” the judge said tartly,” he added.
“Defendants did not commit murder or arson. They did not rob a bank at gunpoint. Donald Trump is not Bernard Madoff.
“Yet, defendants are incapable of admitting the error of their ways. Instead, they adopt a ‘See no evil, hear no evil, speak no evil’ posture that the evidence belies.”
Engoron also barred Trump from applying for loans from any financial institution registered with the New York Department of Financial Services for three years.
Donald Jr. and Eric, the former president’s sons, were each ordered to pay $4 million for their personal profits from the fraud.
Allen Weisselberg, former Trump organisation’s chief financial officer, was fined $1 million.
The lawsuit brought by Letitia James, the city’s attorney general, alleged that Trump and his co-defendants committed repeated fraud in inflating assets on their financial statements to deceive bankers into giving them better loan terms.
According to the lawsuit, Trump inflated his net worth by as much as $3.6 billion in three separate years between 2011 and 2021.
Trump’s attorney said he plans to appeal the decision.
The trial in this case has served as a precursor to the four criminal trials the former president faces this year as he tries to make a comeback for the White House.
World
Trump appoints Elon Musk to lead department of government efficiency
US President-Elect Donald Trump has appointed Elon Musk, chief executive officer (CEO) of Tesla and SpaceX, to lead a soon-to-be-established Department of Government Efficiency (DOGE).
Musk, owner of X, the microblogging platform previously known as Twitter, was an avid supporter of Trump during the electioneering leading up to the November 5 presidential election.
The former president defeated Vice-President Kamala Harris after securing more than 270 of the electoral college votes required to win the poll.
A statement on Tuesday said Musk would run DOGE alongside Vivek Ramaswamy, a politician and entrepreneur.
It said the duo “will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies Essential to the ‘Save America’ Movement’.
“I look forward to Elon and Vivek making changes to the Federal Bureaucracy with an eye on efficiency and, at the same time, making life better for all Americans,” the statement quoted the president-elect as saying.
“Importantly, we will drive out the massive waste and fraud which exists throughout our annual $6.5 Trillion Dollars of Government Spending.”
Trump will take office for a second and final term on January 25, 2025.
World
French newspapers sue X for using content without paying
Major French news organisations say they are suing X, a micro-blogging platform, for allegedly using their content without paying.
According to Reuters, the newspapers, which are Le Monde, Le Figaro and Le Parisien, announced in a statement on Tuesday.
The media platforms said they were due payment under their ancillary rights, which allow payment to news outlets by digital platforms, for the distribution of their content.
They said X, formerly known as Twitter, and owned by billionaire Elon Musk, has never agreed to open negotiations with French news publishers, unlike Alphabet Inc, Google and Meta Platforms Inc.
The publication also said the media organisations claimed that X has not complied with an order issued by the Paris Court of Justice in May to release information required to calculate the amount owed.
“The revenue from these rights, with the investment that it would enable its beneficiaries to make, is a boost to the plurality, independence and quality of the media, which are essential for freedom of expression and the right to information in our democratic society,” the newspapers said.
A spokesperson for the Paris tribunal also confirmed the case to Reuters and said a hearing has been scheduled for May 15, 2025.
World
Trump sentencing in hush-money case delayed again until November 19
A New York judge, Juan Merchan, has postponed the decision on Donald Trump’s sentencing in his high-profile hush-money case, delaying it until November 19.
This delay could extend the impact of the conviction into his upcoming administration.
This update, confirmed by a court statement on Tuesday, adds another layer of delay to Trump’s legal battle over alleged hush-money payments.
“The joint application for a stay of the current deadlines… until November 19, is granted,” the court said in an email seen by AFP.
The decision comes amid multiple delays in a case that could see Trump sentenced on 34 felony counts.
According to The Guardian, the delay reflects the Trump defence team’s numerous motions over the past year, each requesting more time or challenging aspects of the proceedings.
Protracted Legal Battle
The case originates from Trump’s April 2024 court appearance—the first time a former president has faced criminal charges.
As reported by PUNCH Online, Trump, 77, was accused of falsifying business records to conceal a $130,000 payment made to adult film star Stormy Daniels during his 2016 campaign.
This hush-money case is just one of four criminal cases Trump is grappling with as he campaigns for the White House.
In May, a New York jury found him guilty on all counts in an unprecedented verdict that jolted U.S. political circles.
The case was adjourned to September and then delayed again.
This was the first conviction of a former president for business fraud, setting off waves across media outlets from PUNCH to CBS.
Trump’s team had anticipated that a Supreme Court ruling on presidential immunity might offer him a shield, leading Judge Juan Merchan to delay sentencing until September and, subsequently, November.
According to a statement released at the time by Biden’s campaign, the conviction underscored that “no one is above the law.”
Biden’s communications director, Michael Tyler, said, “Donald Trump has always mistakenly believed he would never face consequences for breaking the law for his own personal gain.”
Trump’s Legal Strategy
Trump’s defence argues that the payments to Daniels were legal expenses and that the claims of falsified business records violate neither state nor federal laws.
Manhattan District Attorney Alvin Bragg’s office disputes this, arguing that the payments were structured to bypass New York’s election laws, amounting to an illegal campaign contribution.
These funds, prosecutors allege, were intended to influence the election in Trump’s favour — a point highlighted by The New York Times.
The Supreme Court’s July 1 ruling, granting sitting presidents immunity for actions taken in office, added complexity to Trump’s case, as his defence team invoked this ruling to argue for dismissal.
As Merchan reviews these arguments, he has warned of the “fraught complexities” involved and emphasised a desire to prevent the legal proceedings from impacting the election.
Despite his legal battles, Trump won the November 5 election against Kamala Harris, buoyed by steady support among his base.
Yet, his win has stirred fresh complications for his other cases.
Special prosecutor Jack Smith is reportedly scaling down federal probes into Trump’s role in election interference and the classified documents case, which could be deferred.
Meanwhile, the Fulton County election interference case in Georgia has been put on hold following a new appeal, with prospects for prosecution uncertain due to recent revelations regarding District Attorney Fani Willis’s office.
As January 25, 2025, approaches—the date Trump is set to assume office as the 47th president—the implications of these pending cases remain unresolved.
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