Robert Mueller is following the money.


The special counsel’s investigation has moved closer to President Trump and his family by requesting information about their finances from a German bank, according to reports.


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.


The bank, which Trump reportedly owed $300 million for his real estate business dealings, had previously rejected calls for more information about how it worked with the entrepreneur-turned-executive.

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Deutsche Bank did not provide information about the Mueller inquiry, but told NBC News in a statement the financial powerhouse “takes its legal obligations seriously and remains committed to cooperating with authorized investigations into this matter.”


White House press secretary Sarah Huckabee Sanders countered the report.


“We confirmed that the news reports (that) the special counsel had subpoenaed financial records related to the President are completely false,” Sanders said. “No subpoena has been issued or received. We confirmed this with the bank and other sources.”


Mueller’s inquiry into alleged Russian election meddling and potential Team Trump involvement in it has moved closer to the President’s inner circle since the indictment and guilty plea of disgraced National Security Adviser Michael Flynn.

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Germany's Deutsche Bank has reportedly received a subpoena from Special Counsel Robert Mueller. Above, a Deutsche Bank building in London.

Germany’s Deutsche Bank has reportedly received a subpoena from Special Counsel Robert Mueller. Above, a Deutsche Bank building in London.

(TOBY MELVILLE/REUTERS)


His inquiry spent $6.7 million from the middle of May, when Mueller took over, through September, expense records released Tuesday show.


Of the overall price tag, only about $3.2 million was spent directly by the special counsel’s office. An additional $3.5 million was paid out by the Justice Department to support the investigation


More than half of the money spent by Mueller’s team went to compensation. Investigators spent $156 courier and overnight delivery services, along with more than $233,000 on personnel travel and transportation, the records show.


The relatively light charges against Flynn, a retired general, suggest that he is cooperating in the investigation, which Trump has called a witch hunt.

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Trump has also said that it would be a “violation” if Mueller went into his family’s finances instead of focusing directly on the mechanisms of influencing the election.

President Donald Trump thanked members of the US military via video teleconference on Thanksgiving day on Nov. 23, 2017, from his residence in Mar-a-Lago in Florida. Soldiers listened in from Afghanistan, Iraq, on the USS Monterey, and in Turkey and Bahrain. The president is spending the Thanksgiving holidays in his Florida private residence until November 26.

Donald Trump in the White House


Much of the investigation so far has focused on contacts between officials in the Trump campaign and transition with Russian officials and representatives.


“I can tell you as the President said, there’s no collusion, there’s no obstruction. We’re confident the facts will show that when this is wrapped up,” Sanders said.


However, documents uncovered in the probe do touch on the President’s business, including a former associated Felix Sater telling Trump Organization lawyer Michael Cohen that in pursuing a real estate deal in Moscow he “will get Putin on this program and we will get Donald elected.”

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Deutsche Bank has also come under scrutiny for activities in the same world it shares with Trump, real estate investment.


It is currently under investigation by the Department of Justice for an alleged scheme where it did not stop wealthy Russians from laundering $10 billion out of Moscow.

Not Released (NR)

Trump said that investigating his family’s finances would be a “violation” from Mueller.

(JEWEL SAMAD/AFP/Getty Images)


The bank was fined more than $630 million for its lack of oversight by a British financial authority and the New York Department of Financial Services.


Trump is connected to worries about money laundering through the Trump SoHo project, where Sater was also involved and multiple apartments were sold to the families of Kazakh billionaires Viktor Khrapunov and Mukhtar Ablyazov.

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Khrapunov and Ablyazov say they are being persecuted by authorities in Kazakhstan, though have been accused of laundering $6 billion out of the Central Asian country through investments around the world, including other New York properties.

With TERENCE CULLEN

Tags:
donald trump
robert mueller
trump russia ties investigation
deutsche bank

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