Former Bertelsmann SE Chief Executive Officer Thomas Middelhoff faces a criminal probe by German prosecutors over suspicions he gave false testimony about the demise of the late Leo Kirch’s media group.
Deutsche Bank AG co-Chief Executive Officer Juergen Fitschen, already facing a tax evasion case, was added to suspects in a probe of former bank executives’ testimony in a lawsuit filed by Leo Kirch’s media group.
Leo Kirch’s death a month ago hasn’t laid to rest his legal fight with Deutsche Bank AG and its former chief, Rolf Breuer. The man Kirch blamed for the downfall of his media group faces claims he lied to judges in a trial that began today and was adjourned only shortly after.
Deutsche Bank AG Chief Risk Officer Hugo Banziger told a German court he doesn’t remember discussing the financial situation at Leo Kirch’s media group before February 2002 with the bank’s then-chief executive Rolf Breuer.
Former Deutsche Bank AG Chief Executive Officer Rolf Breuer , charged with attempted fraud over his testimony in a lawsuit filed by Leo Kirch , rejected a settlement with prosecutors that would have included a fine and a suspended prison sentence.
Rajat Gupta, the former Goldman Sachs Group Inc. director once accused of feeding inside information to Galleon Group LLC’s Raj Rajaratnam, will face federal charges, a person familiar with the matter said, making him the highest-ranking executive to be named in the probe.
Former Deutsche Bank AG Chief Executive Officer Rolf Breuer told a court today that he wasn’t told beforehand that a 2002 meeting with then-German Chancellor Gerhard Schroeder would discuss the situation of the late Leo Kirch’s media group.