German banking giant Deutsche Bank has documents that show U.S. President Donald Trump has received loans thanks to billionaire Russian oligarchs close to Vladimir Putin, The Inquisitr writes citing a report by MSNBC anchor Lawrence O’Donnell on Tuesday night.
“The source close to Deutsche Bank says that the Trump tax returns reveal that the president pays little to no income tax in some years,” O’Donnell said in the bombshell announcement. “And the source says that Deutsche Bank is in possession of loan documents that show Donald Trump has obtained loans with co-signers and that he would not have been able to obtain those loans without co-signers,” the report added.
“The source close to Deutsche Bank says that the Trump tax returns reveal that the president pays little to no income tax in some years,” O’Donnell said.
Earlier on Tuesday, Deutsche Bank disclosed in a court filing that financial records related to U.S. President Donald Trump and three of his children that congressional Democrats have requested from Deutsche Bank AG include the president’s returns. The news comes as the president has sued to prevent Deutsche and Capital One from complying with House Democrats’ subpoena for his financial records.
Last Friday, lawyers for Deutsche Bank and Capital One refused to reveal to the 2nd U.S. Circuit Court of Appeals if they possessed Trump’s tax returns. This refusal caused U.S. Circuit Judge Peter W. Hall to force them into doing so to a New York appellate court by Tuesday afternoon.
Deutsche Bank said in Tuesday’s filing that it also had tax returns for people who “may constitute ‘immediate family'” as defined by the subpoenas, without giving any names.
The German bank has long been a principal lender for Trump’s real estate business. A 2017 disclosure form showed that Trump had at least $130 million of liabilities to the bank.