The U.S. Attorney for the Southern District of New York issued a subpoena to the committee overseeing President Trump’s inaugural ceremonies on Monday.
Prosecutors in Manhattan are seeking documents related to the committee’s fundraising and expenditures of over $100 million on the January 2017 commemoration of Donald Trump’s election to the White House.
Donations to Trump’s inauguration committee set a record in 2017, with $107 million raised.
Federal authorities are most interested in funds raised from illegal foreign sources, alleged quid pro quo for donations in the form of political favor and alleged money laundering. Only one entity in particular was named in the subpoena, Imaad Zuberi’s San Francisco-based capital investment company, Avenue Ventures, from which the committee received $900,000.
Responding to the request for documents, Kristin Celauro, a spokeswoman for the inauguration committee, said:
“We have just received a subpoena for documents. While we are still reviewing the subpoena, it is our intention to cooperate with the inquiry.”
The outgrowth of a probe investigating former Trump attorney Michael Cohen, the broad subpoena is demanding the committee hand over all documents revealing donors, vendors and Federal Election Commission records.
Investigators are also interested in viewing documents which could possibly reveal evidence the committee accorded perks and gifts to donors in exchange for contributions to the committee.
In addition to the ongoing Russia probe headed by Special Counsel Robert Mueller, Trump’s real estate firm, the Trump Organization, is currently the subject of a federal probe from within the U.S. Attorney’s office in Manhattan.
[Wall Street Journal] [CNN] [Photo courtesy White House/Shealah Craighead via Business Insider]