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Deutsche Bank co-CEO, 4 others face charges
http://hosted.ap.org/dynamic/stories/E/EU_DEUTSCHE_BANK?SITE=VANOV&SECTION=BUSINESS&TEMPLATE=DEFAULTDeutsche Bank co-CEO, 4 others face charges
Sep 23, 8:19 AM EDT
FRANKFURT, Germany (AP) -- Prosecutors in Germany have brought charges against Deutsche Bank co-CEO Juergen Fitschen and two former CEOs in connection with what prosecutors say were false statements in a court case.
The Munich prosecutor's office said Fitschen, Rolf Breuer and Josef Ackermann were charged with attempted serious fraud over statements during a lawsuit brought by media mogul Leo Kirch.
Kirch accused then-CEO Breuer of contributing to the 2002 bankruptcy of his company by saying in a media interview that banks would not lend it any more money. Kirch died in 2011. Deutsche Bank settled with Kirch's estate in February by agreeing to pay 775 million euros ($997 million).
During testimony, prosecutors said, Breuer made false statements aimed at avoiding monetary damages.
