General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSchiff wants Deutsche Bank records
Dec. 16, 2018 / 1:20 PM EST
By Allan Smith
Democratic Rep. Adam Schiff, the likely incoming chairman of the House Intelligence Committee, told NBC's Chuck Todd on "Meet the Press" Sunday that he wants to obtain President Donald Trump's records with Deutsche Bank because they could expose "a form of compromise" with Russia.
Schiff told The New Yorker in a profile published last week that he plans to subpoena information on Trump's transactions with the bank because of the German financial institution's longtime relationship with Trump and its past ties to Russian money laundering. Schiff, who Trump has referred to as "little Adam Schitt," said the answer to whether the president was involved with Russian money laundering could exist in the Deutsche Bank records.
"Well, the concern about Deutsche Bank is that they have a history of laundering Russian money," Schiff told Todd on Sunday. "And this, apparently, was the one bank that was willing to do business with the Trump Organization" ...
https://www.nbcnews.com/politics/donald-trump/schiff-said-he-wants-obtain-trump-s-deutsche-bank-records-n948541
pecosbob
(7,537 posts)Takket
(21,560 posts)triron
(21,999 posts)apcalc
(4,463 posts)ProudLib72
(17,984 posts)To be broadcast live on TeeVee!
Ummm, you claim to be the party of Lincoln, and Lincoln voluntarily testified before the House. Of course, he didn't have any bone spurs to prevent him from walking up all those steps.
jaysunb
(11,856 posts)jaysunb
(11,856 posts)Hermit-The-Prog
(33,328 posts)Deutsche Bank records could be a gordian knot of nastiness.
BigmanPigman
(51,584 posts)"Germanys financial watchdog has ordered Deutsche Bank to do more to prevent money-laundering and terrorist financing, and has appointed an independent auditor to assess progress."
"In January 2017, Deutsche Bank agreed to pay US and British regulators $630m in fines over artificial trades between Moscow, London and New York that authorities said were used to launder $10bn out of Russia. The US Federal Reserve fined the bank an additional $41m in May 2017 for failing to ensure its systems would detect money-laundering."
Maybe Schiff should get a running start and get the records of the Germany investigation and save some time and work.
https://www.theguardian.com/business/2018/sep/24/watchdog-orders-money-laundering-auditor-to-oversee-deutsche-bank?CMP=Share_AndroidApp_Copy_to_clipboard