Hankey, a Trump supporter, shared details about how the bond deal came together.
Don Hankey, the chair of the company that helped former President Donald Trump pay his civil fraud bond said his decision to help Trump wasn't based on politics.'Yes, I voted for him in the past, but this is a business deal and this is what we do,' Hankey told Bloomberg. 'I have never met Donald Trump, nor talked to him on the phone.''I heard they were looking for somebody, and this is what Knight Insurance does,' Hankey said.
Engoron previously ruled that Trump would have to pay the sum to halt James' collection of his assets, but a court in March reduced the bond to the $175 million figure posted by Hankey's company.What We Know Knight Specialty Insurance Company, a California-based company owned by the Hankey Group, posted the bond for Trump. Both organizations are led by Hankey, who has a net worth of more than $7 billion, according to Forbes.Hankey has prior connections to the former president.
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