An American court has sentenced Donald Trump’s longtime financial chief, Allen Weisselberg, to five months in jail over two counts of perjury regarding the former president’s financial dealings.

According to the New York Times, the 76-year-old committed the offence in 2020 while he was questioned by the New York attorney general’s office during the investigation into allegations of fraud committed by Mr Trump.

Mr Trump has since been found guilty of committing fraud by inflating the value of his assets to secure favourable loan terms.

At the sentencing hearing, which lasted just three minutes at a state court in Manhattan on Wednesday, Judge Laurie Peterson sentenced Mr Weisselberg to five months at the Rikers Island jail complex.

However, Mr Weisselberg, whose dealings with the Trump family began as a bookkeeper for the former United States president’s father, may be released after 100 days for good behaviour.

Meanwhile, Mr Trump is scheduled to go on trial at the same courthouse regarding the allegations of hush-money payment to a porn star, Stormy Daniels, to cover up a sexual scandal.

He is facing 34 felony charges including falsifying business records in the first degree.