06 Dec 2017
5 December 2017
By Arno Schuetze, Karen Freifeld, REUTERS
A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday, but Trump’s lawyer denied any such subpoena had been issued.
Germany’s largest bank received a subpoena from Special Counsel Robert Mueller several weeks ago to provide information on certain money and credit transactions, the person said, without giving details, adding that key documents had been handed over in the meantime.
Deutsche Bank has lent the Trump Organization hundreds of millions of dollars for real estate ventures and is one of the few major lenders that has given large amounts of credit to Trump in the past decade.
A string of bankruptcies at his hotel and casino businesses during the 1990s made most of Wall Street wary of extending him credit.
Count reading this article to your CPD minutes, by signing up to our CPD WalletFREE CPD Wallet