Deutsche Bank co-chief Fitschen to face court in April: report

26th February 2015, Comments 0 comments

Deutsche Bank co-chief Juergen Fitschen faces court in April on allegations he gave false evidence in a previous hearing, news site Spiegel Online said Thursday although the court did not confirm the report.

Fitschen was last September charged with the alleged attempted deception linked to the bank's long-running legal battle with the Kirch media group, prosecutors said at the time.

The prosecutors said that Fitschen and four others -- ex-CEOs Rolf Breuer and Josef Ackermann and former executives Clemens Boersig and Tessen von Heydebreck -- had all been indicted.

All five have denied any wrong-doing.

Spiegel Online, citing unnamed legal sources, said on Thursday that the Munich district court had accepted the case and that hearings would start on April 28.

Court spokeswoman Andrea Titz however told AFP, "No, I cannot confirm that", while Deutsche Bank declined to comment on the report.

The executives have been accused of giving misleading evidence to judges in one of the suits brought by the late media magnate Leo Kirch against the bank in a long-running legal battle.

Leo Kirch, who died aged 84 in 2011, had accused Deutsche Bank of causing the downfall of his media empire in 2002 when the bank's then chief executive, Breuer, publicly questioned the group's creditworthiness in a television interview.

In February last year, Deutsche Bank announced it would pay nearly one billion euros to settle the case.


© 2015 AFP

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