Skip to main content

Trump sues banks in bid to stop Congress subpoenas

US President Donald Trump, along with his family and businesses, on Monday sued Deutsche Bank and Capital One in an attempt to stop them from complying with Congressional subpoenas issued as part of a probe into foreign political influence.

The subpoenas — which the Trumps described in their suit as "intrusive and overbroad" — were issued to several banks by the Democratic-majority House's intelligence and financial services committees, which are looking into the president's finances as part of a larger probe into election meddling by Russia.

The lawsuit is the latest step in Trump's fightback against the Democrats, and alleges that the subpoenas have "no legitimate or lawful purpose".

Read: US deputy attorney general who oversaw Mueller probe resigns

"The subpoenas were issued to harass President Donald J. Trump, to rummage through every aspect of his personal finances, his businesses, and the private information of the President and his family, and to ferret about for any material that might be used to cause him political damage," said the suit, filed with the US federal court in the Southern District of New York.

"No grounds exist to establish any purpose other than a political one."

The suit accuses Congress of stepping beyond its law-making mandate into law enforcement, and says the subpoenas violate the privacy rights of Trump and his family.

Deutsche Bank was one of the few major Western financial institutions to continue to lend to Trump's real estate empire after several of its casinos went bankrupt in the 1990s, resulting in claims by creditors valued at $330 million in present-day dollars.

"We remain committed to providing appropriate information to all authorized investigations and will abide by a court order regarding such investigations," the German bank said in a statement.

The latest Trump suit comes weeks after the release of a heavily redacted version of the Mueller report, which concluded a near-two-year investigation into Russian interference in the 2016 election.

The president described it as a "complete exoneration".

But Democrats believe the investigation has revealed serious wrongdoing by Trump and have not yet decided on whether they want to push for impeachment.



from The Dawn News - Home http://bit.ly/2vsgxTw
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

IT ministry forms panel to review social media rules

ISLAMABAD: While uproar against the new rules to regulate social media continues from various segments of society, including parliamentarians, the Pakistan Federal Union of Journalists (PFUJ) and civil society, the information technology ministry on Friday formed a committee to review the rules. The federal cabinet approved the rules on Feb 11, but later after opposition from various quarters, including companies that manage different social media platforms, the prime minister announced that a fresh consultation process would be launched over the Citizens Protection (Against Online Harm) Rules 2020. The committee formed by the IT ministry is headed by Pakistan Telecommunication Authority Chairman Amir Azeem Bajwa while its members are Eazaz Aslam Dar, additional secretary of IT; Tania Aidrus, member of the Strategic Reforms Imple­mentation Unit, Prime Minister Office; and Dr Arslan Khalid, focal person on digital media at the PM Office. Federal Minister for Human Rights Dr Shireen Ma
Post a Comment
Read more

Young girl’s tragic story makes her symbol of Yemen war

Buthaina Mansur al-Rimi’s life has changed drastically since last year — orphaned in Sanaa, the little girl controversially ended up in Saudi Arabia for medical care and has just returned to Yemen’s capital. Her entire immediate family was wiped out in an air strike by a Saudi-led coalition that backs Yemen’s government, using an explosive device Amnesty International says was made in the US. Images of Buthaina’s rescue and a picture of her swollen and bruised at a hospital trying to force open one of her eyes with her fingers were beamed worldwide. That international fame saw her become something of a propaganda pawn in the war between Yemen’s Iran-backed Huthi rebels and Saudi media. “I was in my mother’s room with my father, sisters, brother and uncle, the first missile hit, and my father went to get us sugar to get over the shock, but then the second missile hit, and then the third,” she says. “And then the house fell,” adds the little girl, who says she is eight. It was the
Post a Comment
Read more