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As the deadline approaches to submit the whopping $464 million bond in a New York court pertaining to a civil fraud case, Eric Trump, son of former US president Donald Trump broke his silence over the large sum of money, criticising the judgment.
While speaking to Fox News Sunday, Eric Trump also remarked how people laughed when he asked about bond on behalf of his father in banks.
Eric — who is the executive vice president of the Trump Organisation — said: “No one’s ever seen a bond this size. Every single person, when I came to them saying ‘hey, can I get a half-billion-dollar bond?’ They were laughing. Top executives of large insurance companies had never seen anything of this size.”
He also told the outlet about how the court decided to order $454 million, saying: “You know what it was, it was a crooked number. There are no victims; there is no number. The number should be zero,” he said, adding that “my father [Donald Trump] has run a great company. I run a great company. We’ve never had a default. We’ve 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 father built the skyline of New York… They’re trying to put my father out of business or trying to take all his resources that you’d otherwise put into his own campaign for presidency,” the businessman said.
Reiterating the hardship 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 universally knows exactly what these people are doing,” he added.
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