Manhunt for 'Robin Hood' after Liechtenstein banker shooting

7th April 2014, Comments 0 comments

Police in Liechtenstein launced a manhunt on Monday for a self-styled "Robin Hood" financier who is the prime suspect in the killing of a banker in the tiny Alpine principality.

Liechtenstein police said that Juergen Hermann was considered armed and dangerous.

His getaway car had been found abandoned in the countryside near the River Rhine in the north of the country and the Swiss and Austrian borders.

Hermann is believed to have killed banker Juergen Frick -- the boss of Liechtenstein's Bank Frick -- in a feud over money.

Police tracker dogs and a helicopters were combing through the sealed-off area, and the public were urged to stay away and exercise maximum caution if they stumbled upon Hermann.

In an apparent challenge, content on Hermann's website Monday had been replaced with the English words: "catch me if you can, dead or alive, reward 200,000,000 CHF".

Hermann, who calls himself the "Robin Hood of Liechtenstein" on his website, has spent seven years sparring with Bank Frick and the tax haven's government over what he alleges is wrongdoing that has cost him huge sums.

He is seeking 200 million Swiss francs (163 million euros, $225 million) from the state and 33 million Swiss francs from Bank Frick over the 2005 collapse of his hi-tech investment company and funds, which had been put on watch by the authorities.

Hermann has also challenged the "financial mafia" who he alleges control the country of some 37,000 people, which is sandwiched between Switzerland and Austria.

In line with Liechtenstein legal custom, police did not identify Frick as the victim. But his name was published in several media reports, which also said he was related to the country's former prime minister.

The body was found by an employee Monday morning in a bank's underground carpark in Balzers, a town in southern Liechtenstein.

Hermann, who was spotted on the carpark's video surveillance, is believed to have followed Frick into the carpark on foot, where he shot him as he got out of his car.

© 2014 AFP

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