Wednesday, October 12, 2016

Shock for Ex-HSH-chief Nonnenmacher BGH stands for Landesbank … – manager-magazin.de

Dirk  Nonnenmacher: The Ex-head of HSH was spoken by the  Hamburg district court from the accusation of  infidelity. The Supreme court reversed the  acquittal and now again on

DPA

Dirk Nonnenmacher: The Ex-head of HSH was spoken by the Hamburg district court from the accusation of infidelity. The Supreme court reversed the acquittal and now back to

The process complicated transactions of HSH Nordbank with a million damage must be re-rolled. The Federal court of justice quashed the acquittals for the six former HSH-Manager, among them the Ex-Chairman of the Board of Hans Berger and Dirk Nonnenmacher.

The Federal court of justice (BGH) has annulled on Wednesday the acquittals for high-level managers of HSH Nordbank, due to more complicated transactions, with losses in the millions. So she followed the request of the Federal Prosecutor’s office, which had requested at the trial in Leipzig, the annulment of the judgment of the district court of Hamburg. The former members of the management Board had taken at the time of their consent to the business to an unacceptable decision, it was said to the grounds.

have to deal With the allegations of infidelity – and in the case of two defendants also because of accounting fraud – now a different economic chamber of the regional court of Hamburg met.

The six-Landesbank managers, among them are the former CEO, Hans Berger and Dirk Jens Nonnenmacher, is accused of infidelity, and in two cases, accounting fraud. This is a complicated construct with the name “Omega 55″ from December, 2007. The equity capital ratio of HSH Nordbank should be improved with a variety of shops. There was a package with the loan portfolio and speculative credit default transactions shortly before the Outbreak of the international financial crisis.

The decision had to fall in mid-December quickly, as the defender stressed at the trial repeated. The only way to target a balance has been achieve relief. Since all the Vote recommended approval, is not expected to be a breach of duty.

saw The office of the attorney General: on closer examination of the content insufficient subject the defendants are not allowed to conduct voting business. Time to Ask would have given it to. The Hamburg regional court had recognized in 2014, although, in principle, breaches of Duty and the business as a pointless. However, the violations, in his view, were not so serious, from an infidelity is to be expected. Therefore, the court acquitted the six Manager, (Az.: 608 KLs 12/11).



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