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Mueller's Russian Federation probe cost $3.2 million in first four months

Mueller's Russian Federation probe cost $3.2 million in first four months

Special counsel Robert Mueller's investigation of possible coordination between the Trump campaign and Russian Federation to influence the 2016 election cost the government about $6.7 million in Mueller's first four and a half months in office, according to a report released by the Justice Department on Tuesday.

"Germany's largest bank received a subpoena from Mueller several weeks ago to provide information on certain money and credit transactions, the person said, without giving details, adding key documents had been handed over in the meantime".

USA investigators are said to be demanding information on dealings linked to Mr Trump as part of an investigation into alleged Russian influence in the United States presidential election, according to Handelsblatt and Reuters.

As The New York Times noted earlier this year, Deutsche Bank is basically the only major financial institution that continues to do "sizable" business with Trump in the wake of his series of high-profile bankruptcies.

In February, The Guardian reported Deutsche Bank reviewed Trump's accounts to see if there were any "suspicious connections" to Russian Federation but didn't find any links.

"Although neither legally required nor reported in prior Special Counsels' Statements of Expenditures, DOJ components that support the SCO were asked to track expenditures attributable to the investigations", the special counsel's office said in a report.

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Reports of the subpoena came after Mr Trump's former national security adviser, Michael Flynn, last week admitted he had lied to the FBI over his contact with Russia's ambassador and agreed to cooperate with Mr Mueller's investigation. They said I own buildings in Russian Federation. While some critics of the anti-Trump camp are calling the reports about the Trump finances subpoena "fake news", it isn't fake as much as it might be a half-truth. The one exception was Deutsche Bank, to which Trump owed $364 million as of the end of previous year.

Trump and Deutsche Bank have not always been on good terms. Deutsche has loaned entities associated with the organization around $300 million. More important perhaps, he is digging into a massive Trump conflict of interest and one of the biggest questions regarding Trump's business empire: why would this German bank lend him so much money when USA banks wouldn't? He said that no subpoena had been received by the bank and that no records had been turned over to Mueller as a result.

According to a person familiar with the matter who spoke on the condition of anonymity, Manafort and his wife do not have Deutsche Bank accounts. But it was not immediately clear what their relationship with the bank is or had been.

At this point, we don't know exactly what Mueller is looking for in the Deutsche Bank records.

Flynn is now cooperating with federal investigators.

So far, Mueller has charged Flynn, Manafort, Gates and former campaign foreign policy adviser George Papadopoulos. The charges were brought as part of Mueller's investigation.