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Salon
Salon
Politics
Tatyana Tandanpolie

Weisselberg admits key asset overvalued

Allen Weisselberg, the former chief financial officer of the Trump Organization, repeatedly responded with variations of "I can't recall" in response to dozens of questions during his testimony at the New York fraud trial where he, former President Donald Trump, Trump's two eldest sons, the Trump organization and others of a decade-long fraud scheme.

Weisselberg, who testified as a prosecution witness in addition to being a defendant in the suit, didn't recall speaking with Trump, Don Jr., Eric or a former Trump attorney about the documents, which were instrumental to the company's deal-making with banks and insurers, according to CBS News. He didn't recall the phrase "estimated current value," which both parties in the trial agree is fundamental to their arguments, nor did he remember the details of "generally accepted accounting principles," instead noting that he's not a certified public accountant. 

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