The US president, his three eldest children and the Trump Organization have filed against Germany's biggest lender to prevent it from handing over documents to a congressional committee.
US President Donald Trump has failed in his legal attempt to stop Congress subpoenas to force Deutsche Bank to release his financial details. The German bank reportedly lent Trump over $2 billion in the last 20 years.
After US lawmakers demanded Donald Trump's financial records from Deutsche Bank and Capital One, the US president sued to stop the release. The subpoenas would serve to "ferret" for damaging material, the lawsuit says.
The German lender has started providing files to New York authorities related to funding of Trump projects. Investigators are interested in Deutsche Bank as it is one of the few banks to lend to the Trump Organization.
An article asserted Deutsche Bank failed to forward suspicions about transactions involving Trump to US authorities. Deutsche Bank said legal restrictions mean they cannot reveal "numerous inaccuracies" in the article.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version