Stormy Daniels sues Trump’s personal lawyer Michael Cohen for defamation

Agencies
March 27, 2018

Washington, Mar 27: Stormy Daniels sued Donald Trump’s lawyer Michael Cohen on Monday for defamation, according to court documents, escalating a legal battle between the American president and the porn star that the White House was struggling to contain. Daniels, whose real name is Stephanie Clifford, made the claim a day after her widely watched TV interview on “60 Minutes” on CBS. Daniels said she was threatened with violence to keep quiet about her alleged 2006 tryst with Trump.

At the White House, a spokesman in a briefing with reporters cast aspersions on her account. The White House has denied allegations that Trump had a sexual relationship with Daniels. CBS Corp said the show drew its biggest audience in more than eight years, with 21.3 million Americans tuning in, more than double the previous week’s edition of “60 Minutes”. Presidential spokesman Raj Shah told the briefing, “The president doesn’t believe any of the claims Daniels made in the interview last night were accurate.”

Asked if Trump believed Daniels was threatened, Shah said, “No, he does not. … There’s nothing to corroborate her claim.” Daniels’ “60 Minutes” appearance also drew a denial from the president’s personal lawyer, Michael Cohen, that he was involved in the alleged threat of violence against her. Daniels originally sued Trump on March 6, saying he never signed an agreement for her to stay silent about what she called their “intimate” relationship. Monday’s filing in US District Court in Los Angeles amended the original lawsuit to say Daniels was defamed.

Her attorney, Michael Avenatti, said Cohen “meant to convey that Clifford is a liar, someone who should not be trusted, and that her claims about her relationship with Trump” were not true. Daniels’ defamation allegation was based on a February 13 statement by Cohen that she said hurt her reputation. The latest filing also said $130,000 Cohen paid Daniels in October 2016 just before the presidential election to secure her silence amounted to an illegal campaign contribution, and that the agreement should be declared void.

Cohen has said he paid Daniels out of his own pocket, but has not explained why or if Trump was aware of the payment. In filings with the Justice Department and Federal Election Commission, watchdog groups have said the $130,000 may have exceeded campaign contribution limits, violating US law. Cohen has denied this. California attorney Michael Overing, who specialises in defamation law, said it would be difficult for Daniels to prevail on her defamation claim because she is a public figure. To prove libel, she would have to show that a false statement was made with either reckless or purposeful disregard for the truth, Overing said.

Trump attorney Cohen’s denial of involvement in the alleged threat against Daniels came in a “cease-and-desist” letter sent to Avenatti shortly after “60 Minutes” aired that demanded a retraction and an apology. A copy of the letter was seen by Reuters on Monday. The letter said, “Cohen had absolutely nothing whatsoever to do with any such person or incident, and does not even believe that any such person exists, or that such incident ever occurred.”

Daniels said the threat of harm was made by a stranger in a Las Vegas parking lot in 2011. Avenatti said on NBC on Monday that the man who threatened her while she was with her infant daughter was not Cohen, but “had to be someone that is related to Trump or Cohen”. Last week CNN interviewed former Playboy model Karen McDougal, who described a 10-month affair with Trump starting in 2006. Trump was married to his wife, Melania, during both alleged relationships. In addition to denying Trump had sex with Daniels, the White House has said he denies having an affair with McDougal.

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News Network
May 18,2020

Washington, May 18: US President Donald Trump on Sunday called his predecessor Barak Obama a ‘grossly incompetent president’.

The Trump’s reaction came after Obama on Saturday criticised the US authorities' response to the coronavirus outbreak.

“He (Obama) was an incompetent president. That’s all I can say. Grossly incompetent,” Trump told reporters at the White House on his arrival from Camp David.

Trump was responding to a question on the virtual commencement address by Obama a day earlier.

In his address to college graduates, Obama had said that the COVID-19 pandemic has exposed the American leadership.

“More than anything, this pandemic has fully, finally torn back the curtain on the idea that so many of the folks in charge know what they’re doing,” Obama said without naming officials.

“A lot of them aren’t even pretending to be in charge,” he added.

There was no immediate response from the office of the former president on the remarks made by Trump.

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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Agencies
March 8,2020

Mumbai, Mar 8: A day after the Enforcement Directorate registered a money laundering case against Yes Bank founder Rana Kapoor and raided his premises, he was taken to the agency's office in Mumbai on Saturday for further questioning.

Kapoor, who was grilled by central agency's officials on Friday night at his Samudra Mahal residence in Mumbai, was shifted to the ED office in the metropolis around 12.30 pm.

ED officials said Kapoor was questioned throughout the night, with some rest time.

A senior ED official connected with the probe told IANS: "Kapoor will be questioned about Yes Bank loans to Dewan Housing Finance Limited (DHFL)."

The official said that during searches a lot of incriminating documents were found and the agency wanted to grill him on his links with DHFL promoters and other companies.

Kapoor's alleged role in the disbursal of loan to a corporate entity and kickbacks reportedly received in his wife's bank account are also under probe.

The ED had filed the money laundering case against Kapoor and raided his residence, apart from issuing a look-out circular so that he does not flee the country.

The ED registered a money laundering case against Kapoor as a continuation of its probe against the DHFL wherein it was allegedly found that Rs 12,500 crore was diverted to 80 shell companies using one lakh fake borrowers. The transactions with these shell companies date back to 2015.

An ED official in New Delhi told IANS that the DHFL probe revealed that funds diverted by the DHFL originated from Yes Bank.

He said that the searches at Kapoor's residence on Friday night were meant to find out any irregularity in grant of loans to the DHFL by the Yes Bank.

The ED has accused Kapil and Dheeraj Wadhawan of DHFL of purchasing shares in five firms -- Faith Realtors, Marvel Township, Abe Realty, Poseidon Realty, and Random Realtors -- after which they were amalgamated with Sunblink.

The outstanding loans of these five firms, totalling around Rs 2,186 crore till July 2019, were allegedly appropriated onto the books of Sunblink to cover up the diversion of loans acquired from DHFL.

The ED's action comes after the RBI superseded Yes Bank Board for 30 days and appointed an administrator, putting a cap of Rs 50,000 on withdrawals by account holders for a month.

The RBI said that the bank's board was superseded "owing to serious deterioration in the financial position of the bank".

Former SBI CFO Prashant Kumar was appointed as administrator of Yes Bank, which has over 1,000 branches and 1,800-plus ATMs across the country.

On Thursday, Union Finance Minister Nirmala Sitharaman said that the bank was on watch since 2017 and developments relating to it were monitored on a day-to-day basis.

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