The Manhattan District Attorney is convening a second grand jury to consider potential charges against the Trump Organization related to the business’s financial practices, The Washington Post reported, citing people familiar with the matter.
One person who spoke with the Post said that the grand jury was expected to look at how assets from the Trump Organization were being valued.
In addition, sources told the newspaper that on Thursday, the jury was expected to hear evidence on former President Trump’s business at the Surrogate’s Court in Manhattan.
Over the next six months, the grand jury will convene three times per week, the Post reported. It is unclear what assets Manhattan District Attorney’s office will be investigating specifically.
The newspaper noted that it is possible that the convening of the second grand jury could result in no one facing charges. Based on the grand jury’s seating, it did not appear that other Trump-related businesses or officials would be indicted, the Post noted.
The Manhattan District Attorney’s office declined to comment to The Hill about the Post’s report. Manhattan District Attorney-elect Alvin Bragg also declined to comment.
A previous grand jury convened by the Manhattan District Attorney presented charges against the Trump Organization and its chief financial officer, Allen Weisselberg, earlier this summer. The grand jury alleged that Weisselberg evaded close to $2 million in taxes and that indirect compensation had not been included on the chief financial officer’s gross income.
The Post noted that the two companies that were charged, Trump Corp. and Trump Payroll Corp., and Weisselberg have pleaded not guilty. The former president himself has not been charged with any wrongdoing.
The Hill has reached out to Trump’s personal lawyers, a spokesperson for Trump and the Trump Organization for comment.
Updated Nov. 5, 7:02 a.m.