The Deutsche Bank has shared evidence of suspicious money transfers by President Donald Trump’s son-in-law and White House senior adviser Jared Kushner and his companies or the people working for him, with special counsel Robert Mueller, according to Manager Magazin — a German monthly business publication.
The information, considered “highly suspicious” by the bank, has been submitted to the Federal Financial Supervisory Authority for Germany, BaFin. The magazine said that the information was also sent to U.S. special counsel Robert Mueller who heads the investigation into Russian interference in the 2016 presidential elections.
The bank reportedly received a subpoena from Mueller last year.
The case poses a risk to the leadership of chairman of the supervisory board of Deutsche Bank, Paul Achleitner, and the bank’s CEO John Cryan, who have over the years sought to make the bank’s control systems better with regards to preventing suspicious monetary transactions, the report stated.
Michael Wolff’s book “Fire and Fury: Inside the Trump White House” threw former White House chief strategist Steve Bannon back in the spotlight. The book quoted Bannon saying: “You realize where this is going. This is all about money laundering.”
On Wednesday, CNN reported that Bannon had struck a deal with Mueller’s team and would be interviewed by prosecutors instead of testifying before the grand jury.
According to one of the sources in the report, Bannon is expected to cooperate with the special counsel.
A Jared Kushner spokesperson declined to comment on Manager Magazin’s report.