Allen Weisselberg, Trump Organization CFO, Granted Immunity In Cohen Investigation

Allen Weisselberg, Trump Organization CFO, Granted Immunity In Cohen Investigation

Allen Weisselberg, Trump Organization CFO, Granted Immunity In Cohen Investigation

Allen Weisselberg, the Trump Organisation's chief financial officer, was said to have met with prosecutors weeks ago after being ordered to appear before a grand jury.

Donald Trump's long-time financial gatekeeper took immunity to discuss what he knew about payments to the president's former lawyer Michael Cohen, numerous United States media outlets reported on Friday.

Mr Cohen, who for a decade was Mr Trump's lawyer and fixer, admitted on Tuesday to breaking campaign finance laws and said the payments were an attempt to "influence" the election.

Though not named in the Cohen case, Weisselberg is believed to be one of two Trump executives mentioned in the suit who reimbursed Cohen and covered up the payments by saying they were legal expenses.

It means that now two of the men closest to hush-money payments to two women have received immunity in the investigation: Allen Weisselberg, the CFO of the Trump Organization, and David Pecker, the CEO of American Media Inc. But he's learning the hard way that in politics, loyalty doesn't always last: Cohen is not the only one flipping. In court on Tuesday, Cohen said that Trump had directed him to make the payments, which violated campaign finance laws.

Vanity Fair first reported the immunity deal.

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Two people with knowledge of the situation told The Associated Press about the deal Friday, speaking on condition of anonymity because they were not authorized to discuss the matter publicly. 1 The lawyer who knows too much Trump made the comments as his White House struggled to manage the fallout from Michael Cohen's plea deal with prosecutors. During the trial, Cohen implied that these payments were made "in coordination with and at the direction of a candidate for federal office".

Cohen also says those payments were for the goal of influencing the election, which prosecutors say is a violation of campaign finance laws.

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Adding to Trump's woes, if evidence of alleged crimes is found, state Attorney General Barbara Underwood could force Trump to release his tax returns, something he has long-resisted.

BALLHAUS: I think that's the key question here, is we're trying to figure out where this investigation is going next.

While Trump denies the affairs, his account of his knowledge of the payments has shifted. He told Fox News in an interview aired Thursday that he knew about payments "later on".

In addition to being the longtime chief financial officer of the Trump Organization, Weisselberg is also one of two trustees of the trust that controls the president's assets.

"They didn't come out of the campaign".

It is not uncommon for prosecutors to offer immunity to a person who may have wittingly or unwittingly facilitated a crime if investigators decide that person is more of a witness than a perpetrator, or if prosecutors decide they can not get necessary testimony without offering some degree of immunity.

Those were guiding principles for Cohen when he served as more than just a lawyer for Trump during the developer's rise from celebrity to president-elect.

Davis has strongly telegraphed that Cohen is willing to cooperate with Mueller's investigation.

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