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Thursday 24 September 2009 8:00 pm  |  Updated:  Friday 31 May 2019 11:34 pm

Ex-Deutsche Bank executive claims boss knew of spying

By: admindrupal

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DEUTSCHE BANK’S former head of investors, Wolfram Schmitt, claimed yesterday that workers around him were aware “from the beginning” of a spying scandal over which he was fired.

The mid-level executive’s lawyer claims the legal department of the bank and a high level communications executive were aware of a plan concocted to discover more about a dissident investor. Deutsche’s chairman Clemens Börsig had requested the information about the shareholder, Schmitt’s lawyer alleged.

The meeting in which the plan was broached was not one-to-one, Schmitt’s lawyer said, adding that “there are questions” about how involved the bank’s legal department was. 

Schmitt claims he was unfairly dismissed by Deutsche Bank. The case continues. Deutsche Bank was not available for comment.

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