Last week, The New York Daily News picked up a German media report that Deutsche Bank flagged suspicious transactions connected to President Trump's senior advisor and son-in-law Jared Kushner, reported them to a "national finance supervisor," and planned to report them to Special Counsel Robert Mueller.
According to Reuters, Deutsche Bank now has issued a statement denying at least one part of that story.
German monthly Manager Magazin reported last week that Deutsche Bank has indications that Kushner, or people or companies close to him, have identified suspicious flows of funds through the bank. The report also said that Deutsche Bank reported its suspicions to German financial watchdog BaFin.
“It is wrong to assert that Deutsche Bank supplied the German financial supervisory authority BaFin with a report stating that the real estate investor Jared Kushner or companies or persons associated with him may have channeled suspect funds via Deutsche Bank when executing their transactions,” Deutsche Bank said.
“We are taking legal action regarding this reporting,” the bank said.
Deutsche Bank denies Manager Magazin report on Kushner (Reuters)
Related: Report: Kushner Financial Transactions Raise Suspicion