Tuesday, September 23, 2014

Kirch collapse: Action against Jürgen Fitschen due process scam – ABC Online

Kirch collapse: Action against Jürgen Fitschen due process scam – ABC Online

Tuesday, 09.23.2014, 19:17
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The Co-head of Deutsche Bank, Jürgen hinge plates and four former top executives of the Frankfurt banking house facing a fraud trial before the District Court of Munich. Investigators throw the managers attempted fraud in the parish process in a particularly severe case before.

After weeks of speculation and media reports, the Munich prosecutor on Tuesday confirmed an indictment of hinge plates and its predecessor Josef Ackermann and Rolf Breuer.

Investigators throw the managers attempted fraud in the parish process in a particularly severe case before. “The law provides for this imprisonment from six months to ten years ago,” said Attorney Thomas Steinkraus-Koch. The former chairman of the board of Deutsche Bank, Clemens Börsig, and another former board also must also answer charges of suspected unsworn false statement.



Kirch Plated Bank with processes

The top five managers have worked together the prosecutor’s view, in order to avoid damages to the heirs of the late media entrepreneur Leo Kirch. By misrepresentation the Upper Regional Court of Munich was to be deceived. Their 627-page indictment based on investigators documents that were seized during searches of Deutsche Bank. Overall, the investigation files include 143 folder.

church until his death always made the German bank responsible for the bankruptcy of his company and those coated with processes. However, the payment of compensation to his heirs could not prevent the German bank ultimately. Therefore, the indictment is only an attempted fraud from – because of the amount of the compensation sum but in a particularly severe case

If the suspicion proves to hinge plates as unfounded

Fitschen leads the German.? Bank since June 2012 together with Anshu Jain and is considered one of the most important business leaders in Germany. He had testified in 2011 in the parish process and thereby made by the prosecutor considers data, which were not consistent. “He did not want to make the Higher Regional Court of Munich demonstrably false information, but on the other hand he did not want to torpedo the defense strategy of the defendant by a clear description.” The German bank is convinced that the suspicions against Fitschen will prove to be unfounded. The other defendants had denied the allegations.

After the filing of the action the defenders have time for a first opinion. Thereafter, the District Court of Munich has to decide whether this is allowed and it thus comes to the process. The decision could still take months. A process would not be starting before next year. As defendant Fitschen, Ackermann, Breuer and the other parties would then have to appear in person in court.



Last open yard with the church heirs

Responsible for the event is the 5th Criminal Chamber to the Chairman Judge Peter Noll, who had set in August the bribery trial of Formula 1 boss Bernie Ecclestone to pay a record sum of 100 million dollars.

This method is the last open construction site of the Deutsche Bank in a dispute with the church-heirs. Leo Kirch and later his heirs made the bench for the collapse of the media empire Kirch in 2002, responsible and covered the money home with processes.



Success court victory for heirs

Before the Court of Appeal ( OLG) Munich had the heir success. After a long inquiry, the Court of Appeal ordered the bank shortly before Christmas 2012 in damages. In February 2014 finally closed both sides of a comparison. Against payment of approximately 925 million euros, the bank agreed with the Kirch-heirs to an amicable end to the feud. The investigation by the public prosecutor against the manager ran but anyway.

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