Published: Wed, December 06, 2017
World | By Melba Underwood

Mueller subpoenas Deutsche Bank over loans to Trump

Mueller subpoenas Deutsche Bank over loans to Trump

"We have confirmed that the news reports that the Special Counsel had subpoenaed financial records relating to the president are false", Sekulow told Reuters in a statement.

Germany's largest bank received a subpoena from Mueller several weeks ago to provide information on certain money and credit transactions, the person added, confirming a report by German daily Handelsblatt published on Tuesday. Robert Mueller, who is heading the Russian Federation investigation, has reportedly demanded Deutsche Bank hand over details of Trump's accounts with the organization.

Special counsel Robert Mueller's office spent $3.2 million during the first few months of his investigation into Russian election interference and possible coordination with associates of President Donald Trump.

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.

Mueller sought records from Deutsche Bank, a source familiar with the subpoena told ABC News.

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The single biggest cost was $1.7 million for salaries and benefits, including $500,000 for special counsel employees and $1.2 million for Department of Justice staff working under Mueller.

In November, several Republicans in the U.S. House of Representatives also introduced a resolution calling on Mueller to resign, saying he never disclosed to Congress the details of a bribery case involving the subsidiary of a Russian company that purchased U.S. uranium mines during his tenure as director of the Federal Bureau of Investigation.

Suffice it to say, for President Donald Trump's supporters who see the investigation as little more than a witch hunt, the reaction was not too pleasant.

- There's the question of whether the Trump campaign colluded with Russian Federation, for which we already have ample evidence. In a recent tweet, Trump admitted that he knew then-national security adviser Michael Flynn lied to the FBI about his conversations with Russian ambassador Sergey Kislyak when he fired him, which means Trump knew Flynn had committed a crime when he asked then-FBI Director James Comey to lay off investigating Flynn. That has indeed been a consistent line from Trump himself, the White House and the president's defenders: nobody did anything wrong, all the contacts with Russians were just routine, and there's nothing to hide. Those trades are being investigated in multiple probes in the United States and Europe.

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