Deutsche Bank executives are anticipating that a subpoena or other requests for information from Robert Muller, the special counsel who is investigating the alleged collusion between the Kremlin and the Trump campaign, will drop on their doorstep.
A certain person who is connected to the case told The Guardian that Muller’s team and Deutsche Bank have already formed an informal contact in line with the investigation.
Deutsche’s Trump connections and the inquiries about the hundreds of millions in loans, which were also the subject of intense scrutiny among some Democrats in Capitol Hill, have escaped the German bank and the White House for months.
Maxine Waters’ requests for information were aimed at whether any Russian entities may have financial assurances for the loans that were made to Donald Trump, or to his immediate relatives.
In February, The Guardian reported that the bank initiated a review of Trump’s account earlier this year to determine if there were any dubious links to Russia. No proof was found.
Ivanka Trump, Jared Kushner, and Seryl Stadtmauer are all Deutsche Bank clients.
There are reports that a thorough investigation of the president’s finances and businesses is included in Muller’s investigation.
Deutsche Bank stated that it had engaged in banking transactions with Russian banks as late as 2005, however, a person connected to the issue mentioned that the activity was not related to Trump’s accounts or family.
A Bloomberg analysis mentions that Trump owes the bank around $300 million.
Meanwhile, a person close to the issue said that institutions with Trump connections, such as the Bank of America, will also receive requests for information from Muller’s team.
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