Preet Bharara, former U.S. Attorney for the Southern District of NY.
"There's been a long-term investigation of Deutsche Bank, which does have some associations with our current President", he said. What complicated the situation with Bharara was both his prominence and his having been asked, during the presidential transition, to stay on in the job.
Sources told Sherman that prosecutors "have been offering witnesses immunity to testify before a federal grand jury that's already been impaneled".
The Justice Department confirmed that Mr Bharara was no longer serving in the position and declined further comment. As the chief federal prosecutor for the Southern District of New York, Bharara oversaw several notable corruption and white-collar criminal cases, as well as prosecutions of terrorism suspects.
He got fired on Saturday after refusing to turn in his resignation, after Attorney General Jeff Sessions requested all 46 remaining Obama-appointed US attorneys resign.
According to Politico, Bharara said at the time that closing the commission was "premature" but that "absent any additional proof that may develop, there is insufficient evidence to prove a federal crime". "It's fair to say that 45 of the 46 behaved in a manner befitting the office", a White House aide told the Wall Street Journal Sunday. "But it was handled in a way that was disrespectful to the US attorneys because they were nearly treated as though they had done something wrong, when in fact they had not". "I did not resign", Bharara tweeted Saturday.
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Was Bahara part of a broader overhaul, or were 46 U.S. Attorneys dismissed to obscure the targeting of this one NY prosecutor? "'I didn't resign, ' He tweeted Saturday, 'Moments ago I was sacked'".
And now, speculation is rampant that the real reason behind firing Bharara was his role of an investigator in the Fox News sexual allegations controversy.
"We anticipate that the work of the office will continue for the foreseeable future with minimal disruptions", said a lawyer within the Manhattan U.S. attorney's office. Attorney General Eric Holder explained that "Elections matter - it is our intention to have the us attorneys that are selected by President Obama in place as quickly as they can".
"Those investigations will continue, irrespective of the removal of the confirmed US attorney head".
Last week Mr Bharara was asked to look into foreign payments received by Mr Trump in an open letter signed by campaign groups such as Citizens for Responsibility and Ethics in Washington.
"By the way, now I know what the Moreland Commission must have felt like", he tweeted. His relentless drive to root out public corruption, lock up terrorists, take on Wall Street, and stand up for what is right should serve as a model for all US attorneys across the country. Robert B. Schumer is the chair of the firm's corporate department and advised Time Warner Cable in its $78.7 billion merger with Charter Communication, as well as its attempted merger with Comcast Corporation.
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