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.
Deutsche Bank AG will pay about 925 million euros ($1.27 billion) to settle a 12-year-old dispute with the heirs of Leo Kirch over the collapse of his media group, according to two people familiar with the matter.
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.