Eric Trump pressed on Mar-a-Lago valuation
Eric Trump has stepped down from the witness stand after facing an hour of questions from state attorney Andrew Amer.
Amer concluded his questioning by directly asking Eric Trump about the $2 million severance agreement between the Trump Organization and its former CFO, Allen Weisselberg.
"Did you participate in the business agreement to enter into this business decision with Mr. Weisselberg?" Amer asked.
"Yes," Eric Trump said.
"Did your father direct you to enter into this agreement with Mr. Weisselberg?" Amer asked.
"No, he did not," Eric Trump replied. He reiterated, "I did this agreement with Mr. Weisselberg."
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Pressed on the value of Trump's Mar-A-Lago property, Eric Trump denied knowing that the club was valued for tax purposes as a commercial property used as a social club.
"It is very clear that Mar-a-Lago is not a club, it is a private residence. I don't see anything wrong with that. 100 percent," Eric Trump said.
Previous testimony and documents in evidence demonstrated that despite the property being restricted by deed to club usage, Donald Trump continued to overvalue the property as if it could be sold as a private residence. Judge Engoron already found that the club was overvalued by 2,300%.
"Mar-a-Lago is a residence that could be sold to a private individual," Eric Trump insisted.