25 Mar 2024

Time almost up for Trump to pay bond

From Morning Report, 6:13 am on 25 March 2024

The deadline is nearly up for Donald Trump to come up with a bond of nearly half-a-billion-US dollars to appeal a civil fraud case.

Trump is seeking to overturn a New York court finding that he owes millions in potential lost interest by the banks that loaned him money, and from the profits of his sale of his New York golf course and Washington DC hotel.

The former president must either pay the full amount in cash or secure a bond to avoid having assets seized.

Earlier, his lawyers said that despite their "diligent efforts" it had been "practically impossible" to find a company willing to act as a guarantor of the full sum, but now Trump says he's raised more than enough money.

Washington DC correspondent Simon Marks spoke to Ingrid Hipkiss.