During the recent trial involving the hush money payments made to Stormy Daniels in 2016, Jeffrey McConney, the former Trump Organization controller, provided crucial testimony shedding light on the reimbursement process allegedly orchestrated by Donald Trump for Michael Cohen.
McConney revealed that he had a conversation with Allen Weisselberg, the former CFO of the Trump Organization, discussing the necessity to 'reimburse' Cohen for his involvement in the payments. He then presented the jury with 12 checks, each amounting to $35,000, that were issued to Cohen in 2017. Cohen had submitted invoices for these payments and requested them to be categorized under a 'retainer agreement.'
Furthermore, McConney elaborated on the total sum of $420,000 paid to Cohen, which included provisions for covering taxes related to the hush money transaction with Daniels. He detailed the process of issuing each check, starting from Trump's revocable trust and then from his personal account.
The testimony provided by McConney offers a glimpse into the financial intricacies surrounding the controversial payments and highlights the involvement of key figures within the Trump Organization. The evidence presented in court underscores the meticulous planning and execution behind the reimbursement scheme, as outlined by McConney's account of the payment process.