In the aftermath of prior media reports that in the past Deutsche Bank provided hundreds of millions in loans to Trump, today Democratic lawmakers – looking for a smoking gun- asked Germany’s largest bank to hand over its findings on “two politically charged matters”, demanding details whether Trump’s DB accounts have Russia ties, and if Deutsche Bank loans to Trump were backed (?) by Russia.
From the letter:
We write seeking information relating to two internal reviews reportedly conducted by Deutsche Bank (“Bank”): one regarding its 2011 Russian mirror trading scandal and the other regarding its review of the personal accounts of President Donald Trump and his family members held at the Bank. What is troubling is that the Bank to our knowledge has thus far refused to disclose or publicly comment on the results of either of its internal reviews. As a result, there is no transparency regarding who participated in, or benefited from, the Russian mirror trading scheme that allowed $10 billion to flow out of Russia. Likewise, Congress remains in the dark on whether loans Deutsche Bank made to President Trump were guaranteed by the Russian Government, or were in any way connected to Russia. It is critical that you provide this Committee with the information necessary to assess the scope, findings and conclusions of your internal reviews.
This post was published at Zero Hedge on May 24, 2017.
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