Between 2010 and 2015, Deutsche Bank did a whole bunch of business on behalf of one Paul J. Manafort. At least $30 million worth. Much of it rather obviously from Russia, for whose client state, the Ukraine, Manafort was a top lobbyist. None of this particularly troubled the Germans at the time.
Then Paul J. Manafort became the campaign chairman for one Donald J. Trump, for whom Deutsche Bank transacted about 10 times as much business. This was unwise on Manafort’s part: First, he only lasted two months in the job, on account of the hullaballoo of his having worked for an apparently hostile foreign power. And second, when said apparently hostile foreign power allegedly rigged the election in his former client’s favor, further unfavorable attention was brought to Manafort, specifically from one Robert S. Mueller III.
This got all Deutsche Bank thinking. And if the simple facts didn’t, the subpoenas and requests for information literally raining down on Frankfurt did. And so it looked into things and, wouldn’t you know it, yea, those transactions involving Manafort do look pretty suspicious in light of, you know, of all this new shit which has come to light.
Deutsche Bank AG earlier this year flagged around $30 million in potentially suspicious transactions as part of an internal investigation into its role as a conduit for money involving Paul Manafort or people and entities connected to him, according to a person briefed on the matter….
The discussions at the bank coincided roughly with the appointment in May of Robert Mueller as U.S. special counsel to probe Russia’s meddling in the 2016 U.S. presidential election, according to people familiar with the matter….
Deutsche Bank flagged transactions that occurred from roughly 2010 to 2015, according to the person briefed on the matter. The person said the bulk of the payments highlighted in the internal probe happened between 2012 and 2014.