Sunday, May 9, 2010

Savings Bank also sued Vice

Dusseldorf - From Policy sent into the desert and now supposedly rehabilitated ex-chief Heinz Martin savings Humme strikes back. The prosecutor's decision to discontinue proceedings against him, he celebrated as a victory.
But not quite so simple is the case. The Savings Bank's civil action against the ousted leader. On Thursday reached the damages claim over 9.4 million euro also Hummes deputy Karl-Heinz Stiegemann. They are together for the millions who broke entrepreneur Franjo Pooth had sat in the sand pay. Insiders are surprised that Humme - if he is a clean man - had not appealed against his dismissal. He now check with his lawyers to strike back. The politicians, notably the late OB Joachim Erwin, after all, had ruined his reputation. This year it had around 700,000 euro salary excluding bonuses cost payments.
But even if the prosecutor sees no suspicion of disloyalty, that is still not that also constitute the civil judge on Hummes page. Its termination was based on his alleged misconduct at least as a savings bank chief.
Paradox: Should the court find that Humme and Stiegemann have not allowed blunder, the bank will not be so sad. Finally, the managers are insured. But the insurance pays only if there is no wrongdoing.
Sued Backgrounds: Indictment against bank managers Stiegemann> Duesseldorf bank ex-executives>