KEY POINTS

  • Trump calls it a "continuation of the greatest Witch Hunt in American history"
  • Prosecutors investigate whether the Trump Organization misled lenders, insurance firms
  • The grand jury expected to review all evidence three days a week for six months

Former President Donald Trump on Tuesday lashed out after it was reported that a special grand jury was convened to review evidence in a criminal investigation into his business dealings.

Manhattan’s top prosecutor, District Attorney Cyrus Vance, has seated a grand jury to decide whether indictments should be issued against Trump, the Trump Organization, and the company’s executives over potential financial misconduct.

The latest move comes two years after the Manhattan district attorney’s office first launched an investigation against Trump that included obtaining the former president’s tax records and reviewing claims that he made hush-money payments to women, including Stormy Daniels, to remain silent about alleged affairs with him.

Daniels is the adult film star who allegedly engaged in an affair with Trump in 2006 at his hotel room in a resort area between California and Nevada. Trump’s team has since denied the claim.

“This is a continuation of the greatest Witch Hunt in American history,” Trump said on his social media account. “No other President in history has had to put up with what I have had to, and on top of all that, I have done a great job for our Country, whether it’s taxes, regulations, our Military, Veterans, Space Force, our Borders, speedy creation of a great vaccine (said to be a miracle!), and protecting the Second Amendment.”

“This is purely political, and an affront to the almost 75 million voters who supported me in the Presidential Election, and it’s being driven by highly partisan Democrat prosecutors,” he added.

Prosecutors have been investigating whether the Trump Organization misled lenders and insurance companies by inflating the value of its properties and if it paid the correct amount of taxes.

The district attorney’s office is also investigating whether the company gave its employees benefits instead of raising their wages to lower its payroll tax burden.

New York Attorney General Letitia James, who is working in an overlapping inquiry, said she assigned two lawyers to coordinate with Vance’s office on the probe.

The prosecutor’s office has deposed several Trump Organization officials, including the former president’s son Eric Trump and Chief Financial Officer Allen Weisselberg.

The special grand jury is expected to review all evidence three days a week for six months. The jury is likely to comb through millions of pages of documents, including Trump’s tax returns which the prosecutors obtained in February.

Former US president Donald Trump's grip on the Republican Party has tightened with the ouster of one of his chief Republican critics from her leadership role in the party
Former US president Donald Trump's grip on the Republican Party has tightened with the ouster of one of his chief Republican critics from her leadership role in the party AFP / Andrew CABALLERO-REYNOLDS