According to the public prosecutor’s office, the Landesbank’s cum-ex transactions were completed between 2007 and 2011.
(Photo: imago stock&people)
Dusseldorf Thomas Fischer, Alexander Stuhlmann, Heinz Hilgert and Hans-Dietrich Voigtländer have two things in common: all four were CEOs of WestLB. And all four have come under the spotlight of prosecutors.
The investigators suspect the men of being partly responsible for the so-called cum-ex transactions of the former NRW-Landesbank. She had allegedly evaded 600 million euros in taxes. If you add the interest, the damage should amount to more than one billion euros.
The public prosecutor’s office has been investigating in the institute’s environment since 2016. Despite all insider information, WestLB’s successor, Portigon, stubbornly denied having participated in cum-ex deals for a long time. Then the tax office demanded the taxes back – and the public prosecutor’s office expanded the investigation. The story of WestLB is thus becoming more and more of a thriller.
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