Foreign bank appealing to SCOTUS, Deutsche or Danske?
Reading DU diaries this morning, I think a couple of DU members may have published diaries that when merged may solve the mystery related to the SCOTUS appeal of Mueller's investigation.
https://www.democraticunderground.com/10142249727
Source: NBC News
WASHINGTON — An unidentified foreign government is asking the Supreme Court to get involved in a case that may be part of special counsel Robert Mueller's Russia investigation.
The justices on Tuesday granted the government's request to file a censored version of an appeal to the high court in which the country is fighting a grand jury subpoena and a $50,000-a-day fine for not complying with the subpoena.
The appeal doesn't identify the country, a company it controls or even the lawyers who are representing it. But the appeal says the justices should make clear that a federal law that generally protects foreign governments from civil lawsuits in the U.S. also shields them in criminal cases.
The justices had previously refused to block the subpoena and fine on an emergency basis.
... snip ...
The U.S. government has until Feb. 21 to respond to the appeal. An uncensored, sealed version of the appeal also has been filed with the court.
Read more: https://www.nbcnews.com/news/amp/ncna961416
https://www.democraticunderground.com/111684663
Deutsche Bank shares slip on reports of Fed investigation over Danske Bank scandal
https://www.cnbc.com/2019/01/23/shares-in-deutsche-bank-slip-on-reports-of-fed-investigation-over-danske-bank-scandal.html
Spriha Srivastava
Published 29 Mins Ago |Updated 22 Mins Ago
Shares of Deutsche Bank slid more than 1 percent in early trading on reports that the U.S. Federal Reserve is investigating the German lender's role in a money laundering scheme. A report published in Bloomberg, citing sources, said the Fed probe is in very early stages as it examines whether Deutsche Bank's U.S. arm was involved in moving funds out of the Estonian branch of Danske Bank.
Deutsche Bank has been cooperating with the Fed, Bloomberg reported on Wednesday. The German lender, however told CNBC that there were no investigations taking place.
"There are no probes but we have received several requests for information from regulators and law enforcement agencies around the world. It is not surprising at all that the investigating authorities and banks themselves have an interest in the Danske case and the lessons to be learned from it. Deutsche Bank continues to provide information to and cooperate with the investigating agencies," Deutsche Bank told CNBC in an emailed statement on Wednesday.
Danske Bank is being investigated in Denmark, Estonia, Britain and the United States over 200 billion euros ($227 billion) of suspicious payments through its Estonian branch between 2007 and 2015.
(snip)
= new reply since forum marked as read
