The German banking unit again in the headlines. On suspicion of dubious tax transactions with stock dividends, the headquarters of Deutsche Bank in Frankfurt was searched, according to insider information on Tuesday. more …
Customers are said to have cheated by so-called Cum Ex transactions the tax authorities. Employees were not accused of a spokesman of the bank on Tuesday. Nevertheless, the raid comes at an inopportune time for the company. Just two days ago, the two CEOs Jürgen Fitschen and Anshu Jain had surprisingly announced her resignation. The German bank has been involved in a flood of legal disputes. One of them led Fitschen on Tuesday the Munich District Court, for the fourth day of the trial in a fraud trial. His retreat to Fitschen declined to comment on the way into the courtroom. Also of Fitschens predecessor Josef Ackermann, the early doubts about Fitschen and Jain had indicate there was no comment. Situated in Munich process the decision plays according to court spokeswoman Andrea Titz not matter anyway. Original sound Titz: “This resignation has strafprozessual no effect, because the prosecution allegation is not affiliated with the current function of the accused as part of the Deutsche Bank.” Before Munich District Court to Fitschen has to answer for attempted process fraud together with its predecessors Josef Ackermann and Rolf Breuer and two other former board members. After the prosecution believes the banker should have lied to another court to block a multi-billion dollar compensation claim of former media mogul Leo Kirch. LOCATION: Frankfurt, Munich Close
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