Fraud trial Fitschen & Co attracts circles – Reuters Germany

       

– by Jörn Poltz

       

Munich (Reuters) – The fraud trial of German bank co-CEO Juergen Fitschen and other top bankers, the Munich prosecutor increases the pressure.

       

In parallel with the indictment Fitschen, his predecessor Josef Ackermann and Rolf Breuer and two other former executives now take the law enforcement officers also the former CIO Hermann-Josef Lamberti targeted as Judge Peter Noll on Tuesday made clear at the hearing , This brings even the process to a halt. Because the defender to get an insight into the extensive documents from other investigations, Noll adjourned the hearing to 18 May A anberaumter for next Tuesday deadline falls out.

       

In addition Fitschen, Breuer and Ackermann ex-directors of Tessenberg Heydebreck and Clemens Börsig sit in the dock. Börsig was from 2006 to 2012 and chairman of the board of Germany’s largest banking house. Add to this the ongoing investigation against the former right and today’s Chief Human Resources Officer Stephan Leithner and ex-board member Michael Cohrs. All eight top bankers to the prosecutor’s opinion lied in a previous case in court to block a multi-billion dollar compensation claim of former media mogul Leo Kirch against the bank. They face up to ten years’ imprisonment in extreme cases.

        
        
       

“Freight train FULL FILES”

       

With the adjournment to postpone the announcement of Fitschen and other defendants opinions on the indictment. The prosecution accuses them of trying to process fraud at odds with the church. The media tycoon, who died in 2011, had made the German bank responsible for the collapse of his empire. The Bank and Kirch’s heirs finally agreed out of court. However, that is no reason for the prosecutor to discontinue their investigation.

       

During searches in the bank and the law firm acting on behalf of their prosecutors have secured ten terabytes of computer files, Attorney Stephan Necknig said Tuesday. “This corresponds to a freight train full of files,” said Judge Noll, he was surprised by the sheer volume of the material. Much of the evidence had been secured in the course of another investigation already more than a year ago. The evaluation of would last, Necknig said. Continued …