Mueller's Team Spent $3.2M On Russia Probe From May Through September

Marsha Scott
December 6, 2017

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.

Russian Federation has denied meddling in the election and Trump has called the special counsel's investigation a "witch hunt".

"No subpoena has been issued or received", White House Press Secretary Sarah Huckabee Sanders said in a briefing.

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 claims of collusion between Trump's aides and Russian officials while also probing Moscow's influence in the USA presidential election which brought Trump, the billionaire businessman into power.

Reports of the subpoena come after Mr Trump's former national security adviser, Michael Flynn, last week admitted he had lied to the FBI over his contact with Russia's ambassador and agreed to cooperate with Mr Mueller's investigation.

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Mr Mueller is looking into claims of Russian interference in the United States presidential election and potential collusion by Mr Trump's team - an allegation denied by the President and Russian authorities.

Trump has consistently denied any collusion between his campaign and Russian Federation and has stated that he did not have any business dealings in Russian Federation.

"I think that's a violation", Mr. Trump told the paper. But the fact that Mueller is looking at Deutsche Bank means his probe is reaching the very heart of Trump's financial life. That figure includes a $170-million loan Trump took out to finish a hotel in Washington.

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Trump had liabilities of at least $130 million to Deutsche Bank Trust Company Americas, a unit of the German bank, according to a federal financial disclosure form released in June by the U.S. Office of Government Ethics. The special counsel has hired a small army of attorneys - 17 - to work the investigation.

In October, Manafort pleaded not guilty to charges including conspiracy to launder money and conspiracy against the United States. Trump's former national security adviser, Michael Flynn, pleaded guilty Friday to lying to Federal Bureau of Investigation agents, becoming the fourth associate of the president ensnared by Mueller's probe.

Other reports by MaliBehiribAe

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