Donald Trump’s longtime accountancy firm cut ties with his business last week, saying that nearly a decade’s worth of Trump’s filings should “no longer be relied upon”.
The move comes amid ongoing criminal and civil investigations into whether Trump illegally inflated the value of his assets.
Donald Trump New York attorney general alleges Trump firm misled banks and tax officials
In a letter to the Trump Organization dated 9 February, William Kelly, US general counsel of the accountancy firm Mazars, said Trump’s financial statements for the period 30 June 2011 to 30 June 2020 “should no longer be replied upon and you should inform any recipients thereof who are currently relying upon one or more of those documents that those documents should not be relied upon”.
Mazars added it would no longer “provide any new work product to the Trump Organization”.
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