Ivanka Trump distances herself from inflated value of the penthouse apartment she leased from her father
From CNN's Lauren del Valle, Kara Scannell and Jeremy Herb
Ivanka Trump distanced herself from knowing anything about a discrepancy in the value of a penthouse apartment in one of her father’s Manhattan buildings that she leased.
Louis Solomon, a lawyer for the attorney general, asked if there had been a purchase option on her penthouse apartment at Trump Park Avenue for $8.5 million. She confirmed there was.
The value of the apartment on Trump’s statement of financial condition, however, was $20.8 million, according to the attorney general’s civil complaint.
Solomon asked whether the value of her purchase option was factored into her father’s financial statement.
"As I had told you a year-and-a-half ago, I wasn’t involved in his statement of financial condition, so I can’t say what it took into account or didn’t take into account," Ivanka Trump responded.
Solomon also went through a series of questions about Donald Trump’s statements of financial condition. Ivanka Trump said in response that she was not involved in preparing her father's personal statements, was not aware of ever helping in asset valuations and does not recall ever reviewing them.
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