The Justice Department has sued Deutsche Bank over allegations of tax fraud, saying the German lender owes taxes and penalties amounting to more than $190 million over a transaction that took place more than a decade ago.

The US Attorney for the Southern District of New York, Preet Bharara, in a civil suit filed Monday in Manhattan federal court alleged that Deutsche Bank struck a deal to create shell companies to help it avoid paying taxes. Deutsche Bank says it plans to contest the allegations.