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NY attorney general’s office says it’s nearly done unraveling Trump’s ‘Russian nesting doll’

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NY attorney general’s office says it’s nearly done unraveling Trump’s ‘Russian nesting doll’

They nonetheless wish to search two cell telephones belonging to former President Donald Trump and the laptop computer and desktop of his longtime government assistant Rhona Graff, however investigators advised a choose this week they’re transferring rapidly.

“The method is close to the top,” Kevin Wallace, senior enforcement counsel on the New York State Lawyer Basic’s Workplace, stated Monday.

A 3rd-party agency employed to look the Trump Group’s information had recognized 151 custodians, or individuals or entities, which may have paperwork sought by the lawyer common’s workplace, however Wallace stated they’re specializing in the “most necessary excellent items of data” as a result of the clock is ticking for it to file a lawsuit.

The statute of limitations for varied legal guidelines into consideration goes again a number of years, however the tolling settlement with the Trump Group that paused the clock expires on Saturday. Even because the settlement expires, it may nonetheless be a number of weeks earlier than the lawyer common’s workplace decides its subsequent step within the investigation.

The feedback got here throughout a courtroom listening to Monday, when New York state Choose Arthur Engoron held Trump in civil contempt and fined him $10,000 per day for failing to adjust to a subpoena for paperwork referring to New York’s investigation into the Trump Group’s funds.

Attorneys for the New York State Lawyer Basic’s Workplace supplied a glimpse into their investigation, which has spanned three years, after the choose requested them to elucidate what’s taking so lengthy and the place it’s heading.

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“Given the upcoming finish of the tolling settlement we are going to seemingly have to carry some type of enforcement motion within the close to future to protect our rights,” Wallace stated. He famous that earlier than they file the lawyer common’s workplace has agreed to fulfill with the Trump Group attorneys and “permit them to make their case” and talk about what any “applicable resolutions may appear to be.”

Along with the tolling settlement’s expiration, proof could turn into stale and reminiscences could fade, Wallace famous. “Counsel is in favor of transferring as rapidly as we are able to.”

The civil investigation has been hanging over Trump for a number of years. He has been centered on the investigation that threatens his household enterprise, calling Lawyer Basic Letitia James “racist” and accusing her of pursuing him for political acquire.

The lawyer common’s workplace has already stated in courtroom filings that it believes there have been deceptive statements and omissions in Trump’s monetary statements that had been supplied to lenders and insurers and used for tax advantages. Trump has referred to as the investigation a witch hunt, and he and the corporate have denied any wrongdoing.

The choose beforehand ordered Trump, Donald Trump Jr. and Ivanka Trump to take a seat for depositions. The Trumps have appealed and it is unclear when a choice will come. Eric Trump was deposed in 2020 and asserted his Fifth Modification proper in opposition to self-incrimination greater than 500 instances. Final month, on the lawyer common’s request, the choose ordered the Trump Group to adjust to subpoenas by Friday.

Wallace stated that for the reason that Trump Group is not cooperating with the investigation, the workplace began off with an “unguided tour” utilizing the monetary statements supplied to Congress by Trump’s former private lawyer Michael Cohen in February 2019. What the attorneys discovered, he stated, was an organization that does not have the processes and controls usually present in regulated industries, like banking. The Trump actual property enterprise — which is massive going by the quantity of golf programs, condos, motels and workplace house it owns — is run as a small household operation.

“The corporate depends extra on its individuals than its techniques,” Wallace stated. There are 500 completely different entities, thousands and thousands of {dollars} transferring round and completely different accounting practices and statements relying on the enterprise unit, he stated.

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The lawyer common’s workplace served the primary of six subpoenas to the Trump Group in December 2019, Alina Habba, an lawyer for Trump, stated on the listening to Monday. Up to now, she stated, thousands and thousands of pages of paperwork have been turned over and 13 workers of the Trump Group interviewed. These embrace Allen Weisselberg, who served as chief monetary officer for many years; Alan Garten, the Trump Group’s common counsel; and Jeffrey McConney, the controller; together with McConney’s deputy and different workers in finance, in line with courtroom filings.

One instance of the complexity of the enterprise is Trump’s golf course in Jupiter, Florida. Wallace stated they have been pulling on strands to know whether or not it was “introduced pretty” in Trump’s monetary statements.

He stated the golf membership, which was bought in 2012 for $5 million, was bundled within the monetary assertion in a $2 billion bucket of membership belongings. There have been no footnotes detailing what was included within the bundle. The supporting papers indicated Trump valued the course at $46 million. Subsequent, investigators searched to find out the place the extra $41 million worth got here from, which he stated prompted them to go down further investigative paths.

Rudy Giuliani unlocks phones for prosecutors in Ukraine-related lobbying probe

“These points repeat throughout golf equipment,” Wallace stated. “Every of those belongings is sort of a Russian nesting doll.”

Habba stated, “There have been a number of layers and a number of individuals as a result of that is how actual property firms function.”

The monetary statements on the coronary heart of the lawyer common’s investigation, she stated, had been an unaudited compilation by a family-owned firm.

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“These are refined banks and firms,” she stated. “Nobody was lending us cash with out their very own vetting.”

“Fairly truthfully, I’d love to enter the particulars of my shopper’s properties, a few of that are grossly undervalued, however I do not assume we’re at that stage but,” Habba argued.

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Outgoing North Carolina governor commutes 15 death row sentences

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Outgoing North Carolina governor commutes 15 death row sentences

North Carolina Gov. Roy Cooper speaks at a campaign rally for President Joe Biden on June 28 in Raleigh, N.C.

Evan Vucci/AP


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Evan Vucci/AP

RALEIGH, N.C. — In one of his final acts in office, North Carolina Gov. Roy Cooper commuted the death sentences of 15 men convicted of murder to life in prison without parole on Tuesday, reducing the state’s death row population by more than 10%.

Cooper, who was barred from seeking a third consecutive term, will give way to fellow Democrat Josh Stein on Wednesday when Stein takes the oath of office.

Cooper, who was previously the attorney general for 16 years, said his commutation decisions occurred following a thorough review of petitions offered by defendants and input from prosecutors and victims’ families.

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Before Tuesday, North Carolina had 136 offenders on death row. Cooper’s office said it had received clemency petitions from 89 of them.

“These reviews are among the most difficult decisions a Governor can make and the death penalty is the most severe sentence that the state can impose,” Cooper said in a news release. “After thorough review, reflection, and prayer, I concluded that the death sentence imposed on these 15 people should be commuted, while ensuring they will spend the rest of their lives in prison.”

North Carolina is one of 27 states that have the death penalty as a criminal punishment, according to the Death Penalty Information Center, although five of those states currently have placed executions on hold. While North Carolina is not one of those five, an execution hasn’t been carried out in the state since 2006.

The number of defendants also sentenced to death has also dwindled in recent years, as prosecutors have more leeway in state law to decide whether to try a capital case. Even after Tuesday’s action, North Carolina has the fifth-largest death row in the country, according to the North Carolina Coalition for Alternatives to the Death Penalty.

Although some groups opposed to the death penalty have sought from Cooper a complete commutation for all on death row, they still praised him for what they called a historic act of clemency. State Department of Adult Correction records list 13 of the 15 receiving clemency as Black. The conviction dates for the 15 range from 1993 to 2011.

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Cooper received national attention this year as he surfaced as a potential running mate for Democratic presidential nominee Kamala Harris.

Cooper “joins the ranks of a group of courageous leaders who used their executive authority to address the failed death penalty,” Chantal Stevens, executive director of American Civil Liberties Union of North Carolina, said in a separate release. “We have long known that the death penalty in North Carolina is racially biased, unjust, and immoral, and the Governor’s actions today pave the way for our state to move towards a new era of justice.”

Among the 15 receiving commutations on Tuesday include Hasson Bacote, who was convicted of first-degree murder in 2009 in Johnston County.

Bacote had been challenging his death sentence under the 2009 Racial Justice Act, which allowed prisoners to receive life without parole if they can show that racial bias was the reason for their death sentence. While the law was repealed in 2013, the state Supreme Court ruled that most prisoners currently on death row could still use the law retroactively. Bacote’s hearing before a judge based on that law was considered a test case.

Another inmate whose sentence was commuted is Guy LeGrande, who had been once set to be executed in late 2006 before a judge temporarily halted his case. He was convicted in Stanly County of killing a woman in 1993 whose estranged husband offered to pay him a portion of a life insurance policy. LeGrande’s attorneys said he was mentally ill.

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Another death row inmate receiving clemency, Christopher Roseboro, was convicted of murder and rape in the death of a 72-year-old Gastonia woman in 1992.

Last week, President Joe Biden announced that he was commuting the sentences of 37 of the 40 people on federal death row, converting their punishments to life imprisonment.

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Russian gas set to stop flowing through Ukraine

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Russian gas set to stop flowing through Ukraine

Russian gas flows through Ukraine are set to stop on Wednesday when a transit deal between the two countries expires in the wake of Moscow’s full-scale invasion.

The pipeline was one of the last two routes still carrying Russian gas to Europe nearly three years into the full-scale war. EU countries will lose about 5 per cent of gas imports in the middle of winter.

While traders had long expected flows to stop, the end of the pipeline route through Ukraine will affect Europe’s gas balance at a time when demand for heating is high. Slovakia is the country most affected.

“While one would assume that losing those volumes [is] priced in, a strong upward price response initially isn’t out of the question,” said Aldo Spanjer, senior commodities strategist at BNP Paribas.

The deal to allow Russian gas to pass through Ukraine was agreed at the end of 2019, signed a day before the previous 10-year contract between the national gas companies was set to expire. At the time, the European Commission strongly promoted the deal.

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After Russia’s 2022 full-scale invasion of Ukraine, however, the commission encouraged member states to seek alternative supplies as the bloc moved to wean itself off Russian fossil fuel imports. The Moscow-friendly governments of Hungary and Slovakia have resisted that shift and have sought to extend the deal beyond January 1.

The Ukrainian government had telegraphed months in advance that it was unwilling to negotiate an extension to the deal, as it wanted to deprive the Kremlin of its income from gas exports. Ending the flows would result in a $6.5bn loss for Russia, unless it could redirect them, according to the Brussels-based think-tank, Bruegel.

But it would also be a financial blow to Ukraine, which earned about $1bn a year in gas transit fees, though only about a fifth of that was gross profits. Analysts have suggested that Ukraine’s vast gas pipeline infrastructure could face increasing Russian attack, if there was no Russian gas flowing through it.

Slovak Prime Minister Robert Fico visited Moscow on December 22 to discuss the gas transit contract. He blasted Ukraine’s intransigence on the deal, asking whether the country had “the right to damage the economic national interests of an [EU] member state”.

Fico said on Facebook shortly before the deal’s expiry that “other gas transit options than Russian gas were presented to Ukrainian partners, but these were also rejected by the Ukrainian president”. The Slovak prime minister has also threatened to cut off back-up electricity supplies from Slovakia to Ukraine as retaliation.

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Hungary’s Prime Minister Viktor Orbán has likewise sought to find a workaround to allow Russian gas imports via Ukraine. His government has also turned to the last remaining pipeline shipping Russian gas via Turkey and to neighbouring Romania to complement supplies.

Austria, which still imported Russian gas throughout 2024, has shifted to alternative sources such as liquid natural gas imports. Its energy company OMV in mid-December terminated its long-term contract with Russia’s Gazprom because of a legal dispute.

The cut-off of gas will also have a significant impact on neighbouring Moldova, which in mid-December introduced a state of emergency in the energy sector because of the uncertainty around Russian gas transit.

The halt to Russian gas flows through Ukraine is likely to increase European demand for pricier LNG, for which Asia is also competing.

EU officials have been adamant that the bloc can live without Russian pipeline supplies, even if it means accepting more expensive shipped gas from elsewhere.

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The European Commission said on Tuesday it did not expect disruption. “European gas infrastructure is flexible enough to provide gas of non-Russian origin to central and eastern Europe via alternative routes,” it said. “It has been reinforced with significant new LNG import capacities since 2022.”

The Turkey pipeline still transporting Russian gas to Europe contributes about 5 per cent of the EU’s imports. The US recently imposed sanctions on Gazprombank, the main conduit for Russian energy payments.

But to mitigate the impact of sanctions, Russian President Vladimir Putin in early December dropped a requirement for foreign buyers of Russian gas to pay through the bank. Countries such as Turkey and Hungary also said they have received US exemptions from sanctions.

“The sanctions had previously added an extra layer of uncertainty over the fate of Europe’s remaining Russian gas supply as we enter the new year, helping to keep gas prices volatile,” said Natasha Fielding, head of European gas pricing at Argus Media, a pricing agency. The US waiver meant that “buyers of Russian gas delivered through the Turkish Stream pipeline could breathe a sigh of relief”, she said.

Traders are not ruling out an increase in Russian gas flows into Europe in the future. European companies that are reeling from high gas and energy prices, forcing them to cut back production, would return to buying Russian gas, which was inherently cheaper than LNG, one senior trader said.

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“At some stage there will be a peace agreement . . . People will want to end the war, therefore they have to sign a peace agreement. One of the things Russia will get is its ability to resupply” Europe with gas, the trader said.

While European governments may impose restrictions to prevent the continent from once again becoming over-reliant on Russian gas, the trader said, “you would expect to see some Russian gas back in Europe, because fundamentally, geography has not changed”.

Additional reporting by Andrew Bounds

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Hardline Rep. Tim Burchett lauds Speaker Johnson for not cheating on his wife

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Hardline Rep. Tim Burchett lauds Speaker Johnson for not cheating on his wife

GOP Rep. Tim Burchett lauded House Speaker Mike Johnson on Monday for not cheating on his wife — while in the same breath apparently throwing shade at the speaker’s predecessor.

Burchett (R-Tenn.), 60, has not yet revealed whom he will support to lead House Republicans in the next Congress, but predicted that Johnson (R-La.), 52, would likely prevail in an upcoming speakership battle due to his honesty and integrity.

“I think he ultimately will. I think that the die has been cast pretty much. But as I stated, I will make up my mind on Friday,” he told Fox News’ “Your World” on Monday.

Tim Burchett indicated he will make up his mind on the day of the speakership contest this Friday. Getty Images

“Mike’s been a good friend to me and there is nobody more honest that I have dealt with in Washington,” Burchett went on. “He is a Christian man. He doesn’t cheat on his wife and I find that very appealing in Washington, DC.”

That bit about infidelity appears to be a nod to former House Speaker Kevin McCarthy (R-Calif.), who has long faced speculation and rumors about being unfaithful to his wife.

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Back in 2015, during the aftermath of the resignation of House Speaker John Boehner (R-Ohio), for example, McCarthy was accused of having an affair with a sitting member of the House — former Rep. Renee Ellmers (R-NC) — in an anonymous Wikipedia posting.

That post was later removed but loomed large when McCarthy abruptly withdrew from consideration for the speakership at the time. McCarthy and the other rep denied the accusations.

Burchett had been one of eight Republicans who banded together with a solid bloc of Democrats to oust McCarthy in the fall last year.

He later voted against a May effort by Rep. Marjorie Taylor Greene (R-Ga.) to topple Johnson after he brought up a vote on legislation to re-up aid to war-torn Ukraine.

Former House Speaker Kevin McCarthy had clashed with Rep. Tim Burchett. Getty Images

The architect of the mutiny against McCarthy, former Rep. Matt Gaetz (R-Fla.) — who has openly fessed up to being a womanizer prior to his marriage — chimed in and echoed Burchett.

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“We all know who Burchett is talking about… Total f–king savage,” Gaetz wrote on X.

Just last week, the House Ethics Committee voted to release a damning ethics report accusing Gaetz of using illicit drugs and shelling out over $90,000 to 12 different women between 2017 and 2020 in exchange for sex.

Speaker Mike Johnson has been married to Kelly since 1999. AP

Most alarmingly, the panel accused him of having sex with a minor — something Gaetz has denied.

The Sunshine State Republican also accused the committee of smearing him and cast aspersions on the claims of him paying for sex.

McCarthy has claimed Gaetz ousted him for his refusal to quash the ethics probe — something the soon-to-be One America News Network TV anchor has denied.

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“Mike’s been a good friend to me and there is nobody more honest that I have dealt with in Washington,” Burchett said. “He is a Christian man. He doesn’t cheat on his wife and I find that very appealing in Washington, DC.”

Earlier this year, the former speaker further speculated that Gaetz might be cheating on his wife — but did not provide evidence.

Johnson will fight to keep the speaker’s gavel during a speakership vote on Friday.

Already, Rep. Thomas Massie (R-Ky.) has indicated he will vote against Johnson, and others such as Reps. Andy Biggs (R-Ariz.) and Victoria Spartz (R-Ind.) have said they are on the fence.

President-elect Donald Trump formally endorsed Johnson on Monday, giving him a potential boost despite his stamp of approval failing to nudge Massie, Biggs or Spartz.

Gaetz has also urged Republicans not to oppose Johnson.

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