Alina Habba, Donald Trump’s legal spokesperson, has mocked Judge Arthur Engoron’s understanding of the bond in Trump’s civil fraud case in New York. Despite the judge allowing the bond, provided by California-based Knight Specialty Insurance Company (KSIC) in lieu of Trump’s fraud fine and appeal, Habba suggests that Engoron is not well-versed in financial matters.
In an interview with ‘Hannity,’ Habba said, “To tell you how hard it was for me to keep my face straight in that moment, Sean, you can’t make it up.” She added that Engoron’s behavior was “a disgrace” and that he “doesn’t understand that cash is green.”
Habba’s criticism echoes previous claims she made outside Trump’s separate criminal hush-money trial, where she asserted that Engoron “doesn’t even understand basic principles of finance.” Trump himself added, “Well, they’re good. And they also have $175m dollars of collateral, my collateral.”
However, a source within the Attorney General Letitia James’ office told Newsweek that Trump “has conceded to the Attorney General’s demands” to resolve bond-related concerns, indicating that Trump’s money is now more precisely accounted for.
In a statement, Trump attorney Christopher Kise said, “Despite another flawed and desperate protest by the attorney general, President Trump is pleased the court determined the $175 million he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable.”
Neama Rahmani, a former federal prosecutor and president of the West Coast Trial Lawyers law firm, expressed surprise at the decision, stating, “Basically, [Trump’s] putting up the cash and frankly it’s even better than a bond. As long as he keeps the money in the account, there’s nothing Letitia James can say and do. Her hands were really tied there.”
