Part of Congress’ investigation into Donald Trump’s finances includes tax returns from Deutsche Bank. Recently the bank told the 2nd US Circuit Court of Appeals that it did not have Trump’s tax documents, but that may not have been the truth.
This week David Enrich the finance editor at The New York Times posted screenshots to Twitter of a conversation with an unnamed executive. In the conversation the individual expressed surprise that Deutsche told a federal appeals court it did not have Trump’s tax returns anymore.
“Holy f**k,” the executive wrote, in the screenshot. “The circumstance could be that they returned any physical copies or destroyed any physical copies under an agreement with a client and cleansed their servers. Not normal though.”
When I told him Deutsche says it doesn't have the returns, this is how he reacted. (Posting this with source's permission) pic.twitter.com/37XiskaFfi
— David Enrich (@davidenrich) October 10, 2019
“We remain committed to cooperating with authorized investigations,” Deutsche Bank had stated previously.
Back in February during a congressional hearing Trump’s former fixer Michael Cohen, who is currently in prison for tax fraud, campaign finance violations, and lying to Congress in past testimony has stated that Trump reduced his real estate bills by artificially devaluing his assets, which is tax fraud.
Cohen stated that Trump inflated his assets to insurance companies. He said the evidence could be found on Trump’s tax returns.
A federal judge ruled on Monday that Trump’s accountant Mazars USA should hand his tax returns and other financial records over to investigators at the Manhattan District Attorney’s office.
Congress is probing Trump’s payment of hush money to porn stars that alleged they had affairs with Trump.
Judge Victor Marrero wrote in his 75-page ruling that the case presented by Trump’s attorneys was “repugnant to the nation’s governmental structure and constitutional values” for suggesting that the president, his family, businesses, and associates are “above the law.”