German prosecutor’s office raids Deutsche Bank


 

German prosecutor’s office raids Deutsche Bank

By
Johannes Stern

3 November 2018

On Friday, the Frankfurt public prosecutor’s office conducted a second raid on Germany’s biggest bank, Deutsche Bank. The spokesperson for the investigating authority, Nadja Niesen, said that due to the extent of material, an additional search of the bank’s offices was necessary.

One day earlier, on Thursday, some 170 officials from the public prosecutor’s office, the federal police and the tax investigation branch had searched the headquarters of Deutsche Bank in Frankfurt-Main, four other branches of the bank in the city and in nearby Eschborn, and the private apartment of one of two accused bank officials.

The raids were related to “suspicions of money laundering,” Niesen said in a press statement. She added that at the moment, “investigations were directed against two employees of

... read more at: https://www.wsws.org/en/articles/2018/12/03/bank-n03.html

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