Deutsche Bank and Investors Bank were subpoenaed by the New York attorney general’s office, prompted by former Trump lawyer Michael Cohen’s public testimony to Congress last month.
New York Attorney General Letitia James’ office issued the subpoenas late Monday pressing for documents related to the financing of four Trump Organization projects, along with an attempt to purchase the Buffalo Bills of the NFL in 2014, according to the New York Times.
The inquiry, which is a civil investigation, seeks records from Deutsche Bank regarding loan applications, mortgages, lines of credit, and other transactions related to the Trump International Hotel in Washington, D.C., the Trump National Doral near Miami, and the Trump International Hotel and Tower in Chicago.
Trump conducted business with a small U.S.-based branch of Deutsche Bank, which loaned Trump more than $100 million for the Doral golf resort, and $170 million for the Trump International Hotel in Washington.
The subpoena also requested Deutsche Bank provide documents from President Trump’s unsuccessful attempt to purchase the Buffalo Bills, where he provided the bank with basic personal financial statements.
Separately, investigators asked Investors Bank for documents related to Trump Park Avenue, a project Investors Bank backed.
[Related: 7 key points in Michael Cohen’s testimony]
The impetus for the moves stems back to Cohen’s testimony last month before the House Oversight Committee in which he said Trump exaggerated his assets in financial statements. Cohen, who is set to serve a three-year sentence for campaign finance crimes and lying to Congress, shared copies of statements he said were sent to Deutsche Bank.
Deutsche Bank and Investors Bank declined to comment to the Times, and the Trump Organization did not respond to requests for comment.
James has signaled on multiple occasions that she intended to delve into Trump’s business dealings. “I will be shining a bright light into every dark corner of his real estate dealings, and every dealing, demanding truthfulness at every turn,” she said when she was elected in November.
