Mr. Trump at trial in New York on March 25.3
Reuters on March 25.3 reported that the appeals court in New York state (USA) extended former President Donald Trump's bail for 10 more days to guarantee a $464 million fine in a civil case about business fraud.
In addition, the court also reduced the bail amount to 175 million USD. The previous deadline to pay fines or bail was March 25.3.
This is said to be a big "lifesaver" for Mr. Trump, after he and his two children were fined for inflating property values to get preferential treatment in buying insurance and borrowing money.
Mr. Trump claimed to have 'nearly 500 million USD in cash'
In the short term, the latest ruling helps prevent New York State Attorney General Letitia James from seeking to confiscate the former president's assets to execute the judgment. Similarly, Mr. Trump and his children can still do business in New York state, as well as borrow money from financial institutions in this state.
Reacting to the ruling, Mr. Trump said he would comply and would submit bail in cash or securities.
Also on March 25.3, Mr. Trump had to appear in court in New York state in another case, a criminal case related to paying "hush money" to porn star Stormy Daniels.
At the trial, Mr. Trump's lawyers proposed to postpone or cancel the trial. They presented new documents, including statements that Ms. Daniels once provided to the FBI, according to lawyer Tood Blanche presented before judge Juan Merchan.
It is unclear how many documents the lawyers turned over to the court. On the way to the trial, Mr. Trump told reporters that "this is a witch hunt, this is a hoax," before thanking everyone and entering the room.
It is expected that Judge Merchan's ruling will pave the way for the first criminal trial of a former US president.
In addition, Mr. Trump also faces three other criminal cases, revolving around accusations that he sought to overturn the results of the 3 presidential election and kept secret government documents after leaving office in 2020. Mr. Trump denied all charges in four criminal cases.
