Monday, April 25, 2016

Judgment against German bank manager Fitschen expected – Wilhelmshaven newspaper

Munich (dpa) – A year after the trial started, the judgment in the criminal case against the co-head of Deutsche Bank, Jürgen Fitschen, and four former managers of the Frankfurt Institute is to be announced. For the accused is expected an acquittal by allegations of fraud.


Jürgen Fitschen

the Co-Chairman of the Board of Deutsche Bank, Jürgen Fitschen in the Munich District court. Photo: Tobias Hase

The presiding judge Peter Noll had already made it clear that the prosecution has left him unconvinced. The prosecution holds the managers, however guilty and demanded partly even imprisonment. Its premise is that the men are in collusion to testify wrong five years ago before the Higher Regional Court of Munich

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So they wanted from the perspective of the prosecution, the German bank before retain compensation payments for the bankruptcy of the Kirch media group. All five had rejected this. If there is an acquittal, the prosecution intends to examine a revision.

On the last meters of the process, the public prosecutor had lodged a complaint at the Higher Regional Court of Munich. This led not to the expected judgment in the past week. A few days ago, the court dismissed the complaint as unfounded but, paving the way for the conclusion of the process dates. First, the manager on Monday will have the opportunity for a last word on the indictment. “Subject to the subsequent consultation by the Trial Chamber is expected on that day with the verdict”, said the court.

In the case concerns the question whether Fitschen along with four former bankers to five years Richter wanted to hoodwink. The prosecution is convinced by the tough evidence of more than 30 days of the hearing thereof. be punished hardest needs from the perspective of authority ex-German Bank CEO Rolf Breuer -. for him called the prosecutor three and a half years in prison

The 2011 deceased media entrepreneur Leo Kirch had Breuer responsible, forever the collapse of his Group made because this was manifested in a television interview critical of the creditworthiness of the Kirch group.

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