The Manhattan District Attorney’s Office has issued President Donald Trump’s accounting firm a grand jury subpoena demanding eight years of the president’s personal and corporate income tax returns as part of an ongoing investigation.
The subpoena was sent last month to the firm Mazars USA by DA Cyrus Vance Jr.’s office. Vance is investigating issues related to hush money payoffs to porn star Stormy Daniels and Playboy model Karen McDougal. Both women claim to have had sex with Trump years before the election, but Trump has denied their allegations.
Vance is looking into whether the Trump Organization falsified business records related to payoffs.
It has not been made clear if the DA has received any of the tax returns he is seeking from Mazars. It is also not evident if Vance is now investigating issues beyond the hush money payments.
President Trump has refused to publicly release his tax returns despite a long-standing practice by past presidents who did so.
The New York Times was the first to report the news of the subpoena. Marc Mukasey, a lawyer for the Trump Organization, in an email to CNBC, said, “We are evaluating and will respond as appropriate.”
Mazars USA, in a statement, said, “Mazars USA will respect the legal process and fully comply with its legal obligations.”
“We believe strongly in the ethical and professional rules and regulations that govern our industry, our work and our client interactions. As a matter of firm policy and professional rules we do not comment on the work we conduct for our clients,” the firm said.
Jay Sekulow, a lawyer for Trump did not immediately respond to a respond to a request for comment.
Danny Frost, a spokesman for Vance, also declined to comment.
Trump and his company reimbursed Cohen for the $130,000 payment he made to Daniels.
McDougal herself received $150,000 from the Trump-friendly publisher of The National Enquirer as part of a deal to keep her quiet about her allegations about Trump.