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The Enigmatic Absence of Ivanka Trump: From Trusted Adviser to Post-2020 Election Disappearance


Ivanka Trump, the former trusted adviser to her father, testified on Wednesday that she played no role in her father’s personal financial statements, mirroring the statements made by her adult brothers regarding documents central to the ongoing civil fraud trial that could significantly impact the Trump family business.

The trial, initiated by New York Attorney General Letitia James, alleges fraudulent inflation of asset values in Donald Trump’s annual “statements of financial condition.” These statements were instrumental in obtaining loans and insurance. While her father and brothers have been named as defendants in the lawsuit, Ivanka Trump is not a defendant in this case.

During her composed testimony, Ivanka Trump, a former executive vice president at the Trump Organization, disassociated herself from her father’s financial statements. Unlike her father’s contentious appearance on the stand, she maintained an even-tempered demeanor, occasionally flashing smiles, and expressing gratitude to a lawyer from James’ office for bringing up a 2011 development proposal.

Before transitioning to her role in the White House, Ivanka Trump was responsible for establishing a lending relationship with Deutsche Bank’s private wealth management arm while still with the Trump Organization. This relationship resulted in the extension of hundreds of millions of dollars in loans to the company, contingent on annual financial statement submissions by Donald Trump. Ivanka Trump testified that her husband, Jared Kushner, introduced her to a banker as they sought financing for the Doral golf resort in Miami.

The trial addresses allegations of conspiracy, insurance fraud, and falsifying business records. Judge Arthur Engoron has already ruled that Donald Trump engaged in fraud, with provisions that could potentially impact his control of properties like Trump Tower. However, an appeals court has allowed him to retain control, at least for the time being. New York Attorney General Letitia James is seeking over $300 million in penalties and a ban on Trump’s business activities in the state.

Both the former president and his sons, who are still Trump Organization executive vice presidents, have denied any wrongdoing. They claim limited involvement in their father’s annual financial statements, with Donald Trump Jr. and Eric Trump emphasizing reliance on accountants and lawyers for accuracy.

Ivanka Trump testified that she had no recollection of providing asset valuation information or reviewing the financial statements before finalization. She indicated that she was not privy to these aspects.

State attorneys argue that Donald Trump undervalued apartments he was selling to Ivanka Trump while reporting higher values on his financial statements. Ivanka Trump briefly left the witness stand as attorneys from James’ office and the defense debated the scope of her questioning.

As a Trump Organization executive, Ivanka Trump handled tasks related to securing loans, leases for a Washington hotel, and financing for properties like Doral in Florida and a skyscraper in Chicago. Following her tenure in the administration, she moved to Florida.

Ivanka Trump was dismissed as a defendant in the lawsuit in June by an appeals court due to the claims against her being deemed too old. Her attorneys argued against her testimony, asserting that it was an attempt to harass the family. The attorney general’s office contended that her testimony was relevant because of her involvement in certain events discussed in the case and her ongoing financial and professional ties to the Trump Organization and its leadership. Ultimately, the courts ruled that she must testify.

 

Ivanka Trump, once a trusted adviser to her father, has been noticeably absent since the 2020 election.

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