Trump Organization’s Jeff McConney Becomes First Executive To Be Called To Testify Before Grand Jury
BREAKING: Manhattan DA names Trump Organization senior vice president Jeff McConney as first executive to testify before grand jury in case against ex-president
- Jeff McConney, senior vice president and controller of the Trump organization, is reported to be the first staff member to be called to testify before the grand jury
- Manhattan prosecutors are reportedly diving into corporate finances
- Their focus was on Allen Weisselberg, the financial director of the Trump Organization
- A grand jury has been convened to consider whether criminal charges should be brought against the former president
- Trump calls investigation a ‘witch hunt’
One of the top officials in the Trump organization has been subpoenaed to appear before a special grand jury to decide whether to indict former President Donald Trump, according to reports.
Jeff McConney is senior vice president and controller of the Trump family business, where he has been a veteran for 35 years.
The development shows how detectives are entering a new phase as they focus on the company’s financial affairs.
ABC news reported that he was the first employee of the former president’s company to testify.
“Complex accounting issues are critical to this investigation, as is the knowledge and intent of the people at the Trump Organization involved in these transactions,” Daniel R. Alonso, former chief assistant district attorney in Manhattan, told the outlet.
The Manhattan Grand Jury is reportedly focused on the Trump Organization’s financial affairs, and it emerged Friday that it called Jeff McConney, its senior vice president, to testify. President Trump has dismissed the investigation as a “witch hunt.” Aid workers say he is more annoyed at the cost and inconvenience than at any real risk of legal danger
Manhattan District Attorney, Cyrus R. Vance, Jr. resigns at the end of the year, putting time pressure on the research. Trump Organization CFO Allen Weisselberg comes under scrutiny after reports the company paid expensive private school fees for his grandchildren
Manhattan District Attorney Cyrus Vance is leading one of a number of investigations into the former president’s business practices.
It was triggered by the testimony of Michael Cohen, who worked as Trump’s personal attorney and fixer.
One of the concerns is whether Trump inflated real estate values to obtain bank loans and deflated them when calculating tax liabilities. Another area under scrutiny is the compensation of top employees.
Vance will retire at the end of the year, meaning he will have little time to press charges.
Last month it was revealed that he had convened a grand jury and was notifying potential witnesses.
Prosecutors also took note of one of McConney’s colleagues, Allen H. Weisselberg, the financial director of the Trump Organization.
Former President Donald Trump raged against Manhattan prosecutors in a statement on his website for conducting a ‘purely political’ investigation
His daughter-in-law told CNN that he might “flip” the former president.
In February, Vance’s office said it obtained Trump’s tax returns after a lengthy legal battle.
Trump had refused to disclose his tax information during his presidency, in violation of conventions.
Since then, the former president has dismissed the investigation as more of the same he had in power.
“This is a continuation of the greatest witch hunt in American history,” Trump said recently.
“This is purely political and an insult to the nearly 75 million voters who supported me in the presidential election, and it is driven by very partisan Democratic prosecutors.”