Mueller subpoenas bank records in Russian Federation probe

Mueller subpoenas bank records in Russian Federation probe

"Deutsche Bank's pattern of involvement in money laundering schemes with primarily Russian participation, its unconventional relationship with the president, and its repeated violations of USA banking laws all raise serious question about whether the bank's reported reviews of the trading scheme and Trump's financial ties to Russia were completely thorough", they wrote.

President Trump's legal team confirms it is aware of media reports related to the subpoena, but there was no immediate comment from the White House or the president's attorneys.

Mueller sought records from Deutsche Bank, a source familiar with the subpoena told ABC News. This means Trump is overseeing a government that has had to make tough decisions over how to handle various matters related to Deutsche Bank-to which he owns a ton of money.

Specific requests of the bank were not immediately clear but ABC News has previously reported Deutsche Bank loaned the Trump Organization more than $300 million for real estate transactions prior to Trump becoming president.

Mr Mueller is investigating alleged Russian attempts to influence the election, and potential collusion by Trump aides. The bank has worked with Trump since the 1990s, long before the tycoon chose to enter politics as a candidate. Another $220,000 helped the special counsel's office employees relocate to work with Mueller. Representative Maxine Waters of California and other Democrats have asked whether the bank's loans to Trump, made years before he ran for president, were in any way connected to Russian Federation.

In a statement, the bank said it cooperates with official investigators but would not discuss individual cases.

More news: Atlanta mayor's race too close to call
More news: Media Report: Malzahn to stay at Auburn
More news: Slain ex-Yemeni President Saleh buried without solemnities

Asked if delving into his and his family's finances unrelated to the Russian Federation probe would cross a red line, Trump replied, "I would say yeah".

During a photo opportunity with senators at the White House on Tuesday, Trump declined to answer shouted questions from reporters about whether Mueller had crossed a line by asking Deutsche Bank for information. "I would say yes".

The bank was fined more than $630 million for its lack of oversight by a British financial authority and the New York Department of Financial Services. But the Deutsche Bank subpoena may indicate that the special prosecutor is still looking at a wide range of data, including the president's financial dealings. The president's financial disclosure of June 16 reported $130 million in debt, a figure the bank has not publicly confirmed. Majority Republicans did not participate in the request for Deutsche Bank, and the bank did not provide the committee with any information.

The Trump International Hotel is shown on August 10, 2017 in Washington.

As Mueller's investigation unfolds, Trump has gone on the offensive. Mueller also disclosed that he secured a guilty plea from George Papadopoulos, who was a junior foreign-policy adviser to the Trump campaign, for lying to the Federal Bureau of Investigation about contacts with Russian operatives.

Related Articles

  • Air Pollution In London 'So Bad It Cancels Out Benefits Of Exercise'

    Air Pollution In London 'So Bad It Cancels Out Benefits Of Exercise'

    Low birth weight is a predictor of an increased risk for diabetes, heart disease and hypertension in later life. The study was funded by the British Heart Foundation .
    TVS launches Apache RR 310 in India

    TVS launches Apache RR 310 in India

    It was also reported by NDTv that the TVS Apache RR 310 will be launched in global markets where TVS has a presence. The engine is mated to a 6-speed super-slick gear box that offers a precise and sharp race-shift experience.
    Spotify's 2017 Wrapped ends the year on a high note

    Spotify's 2017 Wrapped ends the year on a high note

    Spotify also released its Global Year in Music 2017, summarising the top songs, artists, albums and more for the year 2017. The company recently introduced a personalised Year in Music tool that shows you your top tracks of 2017.
  • Burnley winger Robbie Brady to have knee surgery

    Burnley winger Robbie Brady to have knee surgery

    Stephen Ward, Brady's club and global teammate, says the effervescent midfielder's absence "will be a massive loss" at Turf Moor. Burnley's next run of fixtures until the New year is as follows: Watford, Stoke Brighton, Tottenham, Man United, Huddersfield.
    'Me Too' movement named Time 'Person of the Year'

    'Me Too' movement named Time 'Person of the Year'

    Thanks anyway!" (The magazine's long list of controversial choices include Adolf Hilter, Joseph Stalin, and Ayatullah Khomeini). The president's comment prompted Time to clarify, "The President is incorrect about how we choose Person of the Year".
    'SWAT' and 'Westworld' Halt Production Due to California Wildfires

    'SWAT' and 'Westworld' Halt Production Due to California Wildfires

    Due to the wildfires occurring in Southern California, CBS's "S.W.A.T" and HBO's " Westworld " have suspended production. The HBO series garnered 22 Emmy nominations following its first season.
  • Google search gets expanded snippets, improved Knowledge Panels, and smarter suggested content

    Google search gets expanded snippets, improved Knowledge Panels, and smarter suggested content

    Similar to Featured Snippets, Google is making Knowledge Panels on Search appropriate to show related content. The latest developments emerge amid the ongoing improvements to Google Search to stamp out fake news.
    Amazon Prime Video finally arrives on Apple TV

    Amazon Prime Video finally arrives on Apple TV

    For Apple, it will help to more easily sell its set-top box to the 90 million USA -based Amazon Prime subscribers. For the uninitiated, Amazon Prime Video is a video streaming service similar to Netflix and Hotstar.
    IPL 2018: MS Dhoni all set to lead Chennai Super Kings?

    IPL 2018: MS Dhoni all set to lead Chennai Super Kings?

    For the 2018 IPL season, the salary budgets for the IPL teams have also been increased to 80 crores from 66 crores. It was also made a decision to increase the total purse of each franchise from Rs 66 crore to Rs 80 crore.
  • Bryan Singer Attempts To Explain His Sacking From Freddie Mercury Bio

    Bryan Singer Attempts To Explain His Sacking From Freddie Mercury Bio

    While this is clearly a large bump in the road for the studio, they plan to have Bohemian Rhapsody in cinemas for December 2018. Deadline notes Bryan Singer had a three-year first look deal with Fox Studios that ended October 31st and was not renewed.
    Mueller investigation cost $6.7 million within first five months

    Mueller investigation cost $6.7 million within first five months

    This statement has also been provided to the Senate Committee on the Judiciary and the House Committee on the Judiciary. Papadopoulos and Flynn pleaded guilty to lying to the Federal Bureau of Investigation .

    Healthcare Realty Trust Incorporated (NYSE:HR) Shares Bought by Macquarie Group Ltd.

    Brookfield Asset Management Inc. grew its position in shares of QTS Realty Trust by 7.8% during the second quarter. Archford Capital Strategies Llc decreased Bp Plc Spons Adr (BP) stake by 99.25% reported in 2017Q2 SEC filing.