US President, Donald Trump has filed a lawsuit against Deutsche Bank and the financial company Capital One, in order to obstruct the publishing of financial documents to congressional committees.
On Monday, Donald Trump with his children Donald Jr., Eric and Ivanka complaint is directed against so-called Subpoenas. The are in the USA legally binding requests to provide information or evidence in legal proceedings. In the current case, a U.S. subsidiary of the German Bank and the financial firm Capital One will be compelled to hand over Trump’s relevant financial documents to committees of the US house of representatives.
In the Trump lawsuit was filed, the calls will be referred to as “interference” and “largely”. This with the aim to harass Trump and his personal finances, “by digging”, – stated in the New York action was filed. It is about him “political damage” to inflict. “There is no other reason, than political” for the applications for the release of the data.
The Democrats want to view the documents, in order to win in the investigations into the alleged Manipulation of the US presidential election by Russia of new knowledge. The attorney General of New York, Letitia James, had requested in March by Deutsche Bank documents relating to previous loans to the Trump group. The largest German Bank, began with the Handover of documents to their business relationships with the Trump of investigators.
Deutsche Bank wants to follow the “court decisions”
The Compounds of Deutsche Bank as lender to Trump back around two decades. Deutsche Bank responded in a statement to the suit of Trumps, whose legal effect in Germany is most likely with the request for a preliminary injunction: “We will continue to support all of the official investigations, with adequate information on our part, and this court will follow the decisions.” Of Trump, his children and his at the suit involved companies was initially no opinion.
The Democrats in the US house of representatives are interested in the former financial policy of the present US President. It is also a question of whether Donald Trump has gotten in the election campaign, the help from Russia. The German Bank had granted to Trump prior to his presidency, high loans, and is therefore in the centre of interest.
Three-Digit Million Credits
Many other institutions had lent to the former real estate entrepreneur with no money. According to a document from the past year Trump the “Deutsche Bank Trust Company Americas” for at least $ 130 million in connection with real estate projects owes. Behind the cumbersome name of the former U.S. investment house Bankers Trust, with its headquarters on Wall Street in New York, which was acquired by Deutsche Bank in 1999 under its former chief, Rolf Breuer.
The US Democrats have, since January, the majority in the house of representatives. The newfound Power they use, among other things, to Trumps finances. Even if the special investigator Robert Mueller has noted in his final report of a conspiracy on the part of the election campaign team of Trump with Russia, suspect the Democrats Trump, Russian assistance in the campaign.
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