Global News

Deutsche Bank subpoenaed to provide Trump accounts' data

Deutsche Bank subpoenaed to provide Trump accounts' data

A lawyer for U.S. President Donald Trump said on Tuesday that Deutsche Bank has not received any subpoena for financial records relating to the president or his family as part of the special counsel's Russian Federation probe.

Camera IconUS Special Counsel Robert Mueller is looking into the finances of the Trump family.

White House Press Secretary Sarah Huckabee Sanders reiterated Sekulow's denial of the reporting during a press briefing Tuesday afternoon.

Deutsche Bank, which has loaned the Trump organisation millions of dollars for real estate ventures, said it would not comment on any of its clients.

Sekulow was responding to a report from German business newspaper Handelsblatt that Mueller had subpoenaed records from Deutsche Bank as part of his investigation into possible Russian involvement in the USA presidential election campaign.

Donald Trump's personal banking information has formally been turned over to Robert Mueller, the special prosecutor who is investigating whether the president's campaign conspired with the Kremlin during the 2016 presidential election.




A day later, the DOJ announced that former Trump campaign aide George Papadopoulos pleaded guilty to lying to federal agents during the investigation about his contacts with three individuals said to have had connections to the Russian government.

Deutsche Bank management is ready to share information about the lender's dealings with Trump and is hopeful that doing so will help end the series of inquiries from Democrats, an executive at the bank, who asked not to be identified discussing private deliberations, has previously told Bloomberg News.

The president declined to say what he would do if Mueller began such an examination, but he continued, "I think that's a violation". In 2008 Trump sued the bank to get out of $40 million in guarantees he had made them on his loan.

Deutsche Bank is not the only Trump-related business interest that is attracting the attention of investigators. CNN reported that investigators are scrutinizing Trump and his associates' financial ties to Russian Federation.

The special counsel also spent $223,643 on travel, nearly entirely for staffers who temporary relocated to the investigation's headquarters in Washington. Last week Michael Flynn, Trump's former national security adviser, pleaded guilty to a single count of making false statements to the Federal Bureau of Investigation.


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