Tuesday, 23 January, 2018

Mueller spent $6.7M in Russia probe

White House denies Trump bank records subpoenaed Deutsche Bank Received US Subpoena to Provide Details on Trump Accounts -Reports
Melinda Barton | 06 December, 2017, 17:44

The news came days after Mueller unveiled his fourth indictment in the sprawling Russian Federation probe, which is examining possible collusion between Trump's presidential campaign and what U.S. intelligence believes was an effort by Moscow to tilt the election in his favor.

Jay Sekulow, a lawyer for Trump, denied the report, telling Reuters: "No subpoena has been issued or received".

Deutsche Bank, the largest German lender and the force behind multiple Trump projects, received a subpoena several weeks ago, the newspaper Handelsblatt first reported Tuesday.

In an interview this past July Trump told The New York Times that Mueller would cross a red line if he examined his or his family's finances. I don't. They said I made money from Russian Federation.

But despite multiple United States media outlets reporting that Mr Mueller's investigation had expanded to include Mr Trump's personal financial records, one of the President's lawyers said that was not the case.

With no end in sight, Special Counsel Robert Mueller's office revealed the cost to USA taxpayers thus far for the Russian Federation collusion investigation.

The release of the report by special counsel Robert Mueller's office comes as the investigation appears to be gaining steam: Prosecutors have gained a key cooperator in their investigation and revealed that they are keenly focused on the actions of the president and his inner circle. Trump owes the bank about $300m in loans that were extended to him before he became president.

But Deutsche holds massive loans for two of Trump's most prized properties: the Miami-based Doral golf course, which Trump borrowed $125 million from Deutsche in 2012 to purchase, and his luxury hotel blocks from the White House, which Trump borrowed $170 million from Deutsche to bankroll in August of 2015, two months into his presidential campaign. The lender said Tuesday it would not comment on any of its clients, adding that Deutsche Bank "always cooperates with investigating authorities in all countries".

During his election campaign, Mr Trump said he would seek to improve ties with Russian President Vladimir Putin, which were strained during former president Barack Obama's administration. So when he set out to relaunch his empire, he turned to Deutsche Bank for the financing he couldn't find elsewhere.

TRUMP: I would say yeah. I don't have buildings in Russian Federation. Majority Republicans did not participate in the request for Deutsche Bank, and the bank did not provide the committee with any information.

In addition, Manafort and his longtime business associate, Rick Gates, are now facing several felony charges brought by the special counsel's office. Trump likely didn't commit obstruction in the legal sense in firing Comey, but he'd be clearly committing obstruction in the political sense if he fired Mueller now.