"United States President Donald Trump has withdrawn his $10bn lawsuit against the Internal Revenue Service (IRS) stemming from a leak of his tax returns and said his administration will create a $1.77bn anti-weaponisation fund that would compensate some of Trump's political allies. The court filing, released on Monday in Florida, did not disclose the terms of the deal, including whether either party settled."
"However, the Department of Justice (DOJ) on Monday announced the establishment of a $1.77bn fund called the Anti-Weaponisation Fund that would provide a systematic process to hear and redress claims of others who suffered weaponisation and lawfare. The DOJ said in its press release that it was part of the settlement agreement."
"ABC News first reported last week that the president was prepared to drop the lawsuit as part of a deal that would create the fund to pay Trump allies who were perceived as wrongly investigated and prosecuted. Trump, his adult sons Donald Trump Jr and Eric Trump, and the Trump Organization sued the IRS in January, arguing the agency should have done more to prevent a former contractor from disclosing their tax returns to media outlets during the president's first term."
"The case arose from former IRS contractor Charles Littlejohn's leak of Trump's tax returns to media outlets, including the New York Times and ProPublica, in 2019 and 2020. Those returns showed that Trump paid little or no income taxes in many years, the Times reported in 2020. Prosecutors charged Littlejohn in 2023 with leaking tax records of Trump and thousands of other wealthy Americans to the media, saying he was motivated by a political agenda. Littlejohn later pleaded guilty to improper disclosures, and a judge sentenced him to five years in prison."
Trump withdrew a $10bn lawsuit against the IRS tied to leaks of his tax returns. The DOJ announced a $1.77bn Anti-Weaponisation Fund as part of a settlement agreement, providing a systematic process to hear and redress claims from others who said they suffered weaponisation and lawfare. The court filing released in Florida did not disclose deal terms, including whether either party settled. Trump had sued the IRS in January, arguing the agency should have prevented a former contractor from disclosing his tax returns during his first term. The leak involved Charles Littlejohn, who provided returns to media outlets including the New York Times and ProPublica. Prosecutors charged Littlejohn in 2023, he pleaded guilty, and he was sentenced to five years in prison.
Read at www.aljazeera.com
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