The New York Daily News is reporting on an overnight story from Germany that Trump’s top security clearance-having-son-in-law Jared Kushner is being investigated by Deutsche Bank.
The bank has informed a national finance supervisor about the transactions and will also inform special counsel Robert Mueller’s investigation into alleged Russian election meddling, Manager Magazin, part of the Der Spiegel group, reported Friday.
Reports about Mueller’s interactions with the German bank first appeared in December, when German newspaper Handelsblatt said he had subpoenaed information from the institution that has offices in New York but is based in Frankfurt.
As community member DowneastDem points out, this isn’t the first, second, or umpteenth time that someone has wondered aloud about Kushner’s business finances, as human dumpster fire and former White House chief strategist Steve Bannon is reported to have said something about Kushner and the bank.
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For example, his real estate company finalized a $285 million loan from Deutsche Bank one month before election day as part of a refinancing package for one of Kushner’s company’s properties in Times Square.
“It goes through Deutsche Bank and all the Kushner shit,” Bannon is quoted as saying in the Fire and Fury book. “The Kushner shit is greasy. They’re going to go right through that.” Bannon also told Wolff that a June 2016 meeting between Manafort, Trump Jr., and Kushner with a Russian lawyer at Trump Tower was “treasonous.”
This new report comes only weeks after the New York Times reported that federal prosecutors in Brooklyn were looking into getting some of those Kushner business records.
In recent weeks, prosecutors from the United States attorney’s office in the Eastern District of New York subpoenaed records from Deutsche Bank, the giant German financial institution that has lent hundreds of millions of dollars to the Kushner family real estate business.
You can read more about Kushner’s dubious loans and the high level of leverage against him here. The fact that Kushner conveniently forgot to mention all of the money he was getting loans on his disclosure forms only lends itself to the logical conclusion that he didn’t want a lot of people to know or wonder about what one does with $1 billion in loan money. In unrelated news, Mueller has been looking into Donald Trump’s Deutsche Bank cash as well.