13.12.2012 - Deutsche Bank chiefs probed over carbon trading
Deutsche Bank co-Chief Executive Officer Juergen Fitschen and Stefan Krause, the firmís chief financial officer, are subjects of a tax probe involving the sale of carbon-emission certificates that led to five arrests and police raids on the lenderís Frankfurt offices. Fitschen and Krauseís approval of value-added tax statements for 2009 is being reviewed by prosecutors, Deutsche Bank said today in an e-mailed statement. Any errors in the document were corrected in a timely manner, the bank said. Prosecutors say the correction was too late, the lender said...............................................Full Article: Source
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