HomeBusinessEric Trump breaks silence about Donald Trump's bond Achi-News

Eric Trump breaks silence about Donald Trump’s bond Achi-News

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Eric Trump, son of former president Donald Trump, speaks as supporters of Donald Trump gather near the White House in Washington, on January 6, 2021. – Reuters

As the deadline approaches for the submission of the staggering $464 million bond in a New York court related to a civil fraud case, Eric Trump, the son of former US president Donald Trump, broke his silence over the large amount of money, criticize the judgment.

Speaking to Fox News On Sunday, Eric Trump also noted how people laughed when he asked for a bond on behalf of his father in banks.

Eric – who is the executive vice-president of the Trump Organization – said: “No one has ever seen a bond of this size. Every person, when I came to them said ‘hey, can I have a bond of half a billion dollars ?’ They were laughing. The chief executives of major insurance companies had never seen anything of this magnitude.”

Former president Donald Trump attends a campaign event in Manchester, New Hampshire, on April 27, 2023. - Reuters
Former president Donald Trump attends a campaign event in Manchester, New Hampshire, on April 27, 2023. – Reuters

He also told the outlet about how the court decided to order $454 million, saying: “You know what it was, it was a wrong number. There are no victims; there is no number. The number should be zero,” he said, adding that “my father [Donald Trump] ran a great company. I run a great company. We have never had a default. We have never missed a payment.”

The 40-year-old son of the late Ivana Trump also claimed the role the former president played in terms of development in New York City.

“I’m a guy who grew up in New York; my dad built the New York skyline … they’re trying to put my dad out of business or trying to take all his resources that you would otherwise put in his own campaign. for presidency,” said the businessman.

Reiterating the hardships in submitting the bond, Eric said it was not “physically” possible for the businessman-turned-politician to post a half million dollar bond.

“It’s going to backfire because he’s going to win this in November, and everybody in this country in general knows exactly what these people are doing,” he added.

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