Deutsche Bank is under pressure to appoint an external auditor to examine Donald Trump’s accounts for connections with Russia, reports The Guardian.
Fears that Trump might be hiding a connection to Russia have been highlighted by his failure to publish his tax returns as he promised to do on the campaign trail.
The bank also examined accounts held by Ivanka Trump, the president’s daughter, her husband, Jared Kushner, who serves as a White House adviser, and Kushner’s mother.
Weeks before the election, the bank refinanced most of Kushner’s $370 million of debt against retail spaces Kushner’s company owns in midtown Manhattan.
George Soros also gave 160 million dollars to invest in a Trump project in 2016.
“Donald Trump has lined up three New York hedge funds, including money from billionaire George Soros, to invest $160 million in his Chicago skyscraper, a key piece in perhaps the largest construction financing in the city’s history, according to real estate sources and public documents.”
Soros also gave a 259 million dollar credit to new real estate venture called Cadre which was founded by Donald Trump’s son in law Jared Kushner and his brother Joshua Kushner.
“Soros has had a long and productive relationship with the Kushner family,” reports Jewish Business News.
Donald Trump, Jared and Ivanka Kushner are at the heart of a secretive and sophisticated scam pushing a Globalist and Wall Street agenda in the White House while using respected generals and billionaires to front their operation and hoodwink the public, it has emerged.
In a huge security risk to the USA, two of their operatives Steve Bannon, mentioned to me as possible interview partner by a Russian journalist in June, and KT McFarland are sitting on the National Security Council with access to crucial state secrets. The National Security Council was also implicated by Michael Flynn as a possible source of recent leaks about special operations against ISIS.
Their presence on the council is so important to Trump and Kushner that he is willing to rebuff the military and his core voters by rejecting both Vice Admiral Robert Harward and General David Petraeus for the job as long as they insisted on removing Bannon and McFarland.
“Deutsche Bank, which is under investigation by the US Department of Justice and is facing intense regulatory scrutiny, was looking for evidence of whether recent loans to Trump, which were struck in highly unusual circumstances, may have been underpinned by financial guarantees from Moscow.”
Deutsche laundered $10bn of Russian cash through its Moscow branch, regulators found, raising the possibility that Trump may have gained loans backed by money laundered through Moscow.
Deutsche Bank has been the only financial institution willing to lend Trump significant sums, and against his personal pledge, underlining the potential for black mailing him by recalling loans or implementing stricter conditions if and when the loans go back to the Trump organization.
“In the 1990s other Wall Street banks, which had previously extended him credit, turned off the tap after Trump’s businesses declared bankruptcy four times.
In November 2008 the German bank took the unusual step of suing Trump after he failed to repay $40m of a $640m real estate loan. Trump countersued. The tycoon argued that Deutsche had contributed to the global recession, which had depressed property prices. He demanded $3bn in damages.”
Deutsche Bank has lent Trump 2.5 billion dollars since 1998. He still owes the bank 350 million dollars. That means that Deutsche Bank can recall a loan any time.
“The bank is trying to restructure some of Trump’s roughly $300 million debt as part of an attempt to reduce any conflict of interest between the loan and his presidency, according to a person familiar with the matter. Normally, the removal of a personal pledge might lead to more-stringent terms,” says Bloomberg, implying that Trump is getting softer terms than normal.
In another conflict of interest, Deutsche Bank is being investigated by the Department of Justice, now under the control of Trump.