Eric Trump tells trial he relied on accountants for financial statement accuracy

“I relied on one of the biggest accounting firms in the country. And I relied on a great legal team. And when they gave me comfort that the statement was perfect, I was more than happy to execute,” Mr Trump said

Eric Trump in court (Dave Sanders/The New York Times via AP, Pool)

Eric Trump has told a court he relied on accountants to ensure the accuracy of financial statements that authorities say fraudulently exaggerated his father’s wealth and the value of his assets to deceive banks and insurers.

In the witness box for a second day in the civil fraud case brought by New York attorney general Letitia James, the witness was pressed about what steps he took to verify information before signing documents certifying to lender Deutsche Bank that his father’s financial statements were correct.