Federal prosecutors spent years investigating whether money flowed through an Egyptian state bank into the coffers of Trump’s 2016 campaign for president, CNN reports.
The report solves the long-running mystery over a grand jury subpoena that special counsel Robert Mueller litigated up to the Supreme Court in 2019, revealing that it had to do with compelling records from an Egyptian state-owned bank.
In the final days of the 2016 campaign, President Trump gave a $10 million burst of self-funding to his campaign.
Prosecutors were scrutinizing whether Trump himself financed that self-funding, or whether the money actually flowed to Trump via a state-owned bank in Egypt.
Whether the Egyptian government was itself the source of the funds, or whether the bank was another cut-out, remains unclear from the article.
But CNN reports that the Egypt investigation predated Mueller, and continued for a significant period afterwards.
The network reports that after the end of the Mueller probe, prosecutors attempted to subpoena President Trump’s banking records to solve the mystery. But then-U.S. Attorney for the District of Columbia Jessie Liu denied the request.
The probe reportedly remained open until current acting U.S. Attorney for D.C. Michael Sherwin began a review of the case this past summer, and ordered it closed.
Egypt has flown under the radar as a potentially conflicting foreign tie of President Trump’s. Some noted in 2017 that Egypt was among the Muslim-majority countries exempted from the President’s travel ban.
Read the CNN report here.
I am so waiting for the new AG to open the whole set of investigations on Trump.
Fat Donny might think a severe case of COVID might be his best out.
Lie like an Egyptian?
It’s really sad that my first thought on seeing that a US Attorneys had closed the investigation is speculation about whether they were acting on the up-and-up.
Well, will the new AG investigate the ORIGINAL impeachment resolutions that the Senate didn’t think were worth impeaching his ass for?
Right. Cause the guy whose tax records show has been taking staggering losses for over a decade, is a well known tightwad, and believed he was going to lose…would totally dump $10 million of his own cash into a campaign.
I have little doubt that it was a cut out, but its pure speculation as to who the money actually came from. Could be Russia. Could be UAE. Could be SA. Could be Erik Prince. Could be a bunch of Bibbi backers in Israel. Or could be somebody else.