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TFG received 'undisclosed preferential treatment' on a $170 million loan from Deutsche Bank for
his DC hotel, House Oversight Committee saysFormer President Donald Trump "received undisclosed preferential treatment" on a $170 million loan from the German financial institution Deutsche Bank on his Washington, DC, hotel that he "personally guaranteed," the House Oversight Committee said on Friday.
The committee's findings are based on documents obtained from the General Services Administration (GSA), a sprawling agency that helps keep the federal government running.
The documents show Deutsche Bank in 2018 provided Trump a "significant financial benefit" by permitting him to delay making principal payments on the loan for a six-year period, the committee said in a statement.
"Without this deferral, the hotel may have needed to pay tens of millions of additional dollars to Deutsche Bank at a time when it was already facing steep losses. Mr. Trump did not publicly disclose this significant benefit from a foreign bank while he was President," the committee said.
https://www.yahoo.com/news/trump-received-undisclosed-preferential-treatment-182430762.html
6 replies
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Deutsche Bank, Trump, Russia, Saudi Arabia
What’s the Connection?
From WhoWhatWhy.org, a primer:
Deutsche Bank: A Global Bank for Oligarchs — American and Russian, Part 1 (1/08/2018)
International banking colossus Deutsche Bank has a track record of deploying illegal financial trading, money laundering, and shady offshore tax shelters in the service of the global elite. Should anyone be surprised that Deutsche is on Robert Mueller’s Trump-Russia investigation radar?
Deutsche Bank: A Global Bank for Oligarchs — American and Russian, Part 2 (1/15/2018)
What do President Donald Trump and a number of Russian oligarchs have in common? Answer: Deutsche Bank. We pick up where we left off by examining how Trump first became involved with the international colossus — a bank catering to clients who understood that sometimes the line between profit and illegality blurs.
Deutsche Bank: A Global Bank for Oligarchs — American and Russian, Part 3 (2/01/2018)
Not only is President Donald Trump personally tied up with Deutsche Bank to the tune of $300 million, but his son-in-law Jared Kushner has his own history with the global banking giant. Part 3 looks closely at these relationships, and asks just how far President Trump’s Justice Department will be willing to go in probing potential illegality on the part of Deutsche.
Deutsche Bank: Where the Dots of Russiagate Connect (1/24/2018)
Martin Sheil, a retired branch chief of the IRS Criminal Division, discusses his WhoWhatWhy series on Deutsche Bank and how nearly all the main figures involved in Russiagate also have ties to the financial institution.
House GOP Leads Russia Probe… Away From Deutsche Bank (2/27/2018)
House Republicans who are supposed to be investigating Russian interference in the 2016 election say there is no need to look at Deutsche Bank. Here is why they are wrong.
Source: https://whowhatwhy.org/2019/05/01/deutsche-bank-trump-russia-saudi-arabia-whats-the-connection/
Small world.
What’s the Connection?
From WhoWhatWhy.org, a primer:
Deutsche Bank: A Global Bank for Oligarchs — American and Russian, Part 1 (1/08/2018)
International banking colossus Deutsche Bank has a track record of deploying illegal financial trading, money laundering, and shady offshore tax shelters in the service of the global elite. Should anyone be surprised that Deutsche is on Robert Mueller’s Trump-Russia investigation radar?
Deutsche Bank: A Global Bank for Oligarchs — American and Russian, Part 2 (1/15/2018)
What do President Donald Trump and a number of Russian oligarchs have in common? Answer: Deutsche Bank. We pick up where we left off by examining how Trump first became involved with the international colossus — a bank catering to clients who understood that sometimes the line between profit and illegality blurs.
Deutsche Bank: A Global Bank for Oligarchs — American and Russian, Part 3 (2/01/2018)
Not only is President Donald Trump personally tied up with Deutsche Bank to the tune of $300 million, but his son-in-law Jared Kushner has his own history with the global banking giant. Part 3 looks closely at these relationships, and asks just how far President Trump’s Justice Department will be willing to go in probing potential illegality on the part of Deutsche.
Deutsche Bank: Where the Dots of Russiagate Connect (1/24/2018)
Martin Sheil, a retired branch chief of the IRS Criminal Division, discusses his WhoWhatWhy series on Deutsche Bank and how nearly all the main figures involved in Russiagate also have ties to the financial institution.
House GOP Leads Russia Probe… Away From Deutsche Bank (2/27/2018)
House Republicans who are supposed to be investigating Russian interference in the 2016 election say there is no need to look at Deutsche Bank. Here is why they are wrong.
Source: https://whowhatwhy.org/2019/05/01/deutsche-bank-trump-russia-saudi-arabia-whats-the-connection/
Small world.
