MUNICH/FRANKFURT Aug 12 German prosecutors are
seeking charges against Deutsche Bank co-CEO Juergen
Fitschen and several former executives at the bank in connection
with the long-running Kirch bankruptcy case, legal sources said
Prosecutors have been investigating whether Fitschen, his
predecessors Josef Ackermann and Rolf Breuer, and others gave
misleading evidence in a civil suit, brought by heirs of the
late media magnate Leo Kirch, which ended in February after 12
years of legal wrangling.
A Munich court must now decide whether to accept the case
and press charges, a decision expected to take several months.
Deutsche Bank said it had received no written notice of the
"Deutsche Bank fundamentally does not comment on ongoing
cases and points to earlier statements that the bank is
convinced that any suspicion against Juergen Fitschen will be
shown to be unfounded," the bank said in a written statement.
Fitschen and Anshu Jain, the former head of Deutsche's
investment bank, took over as co-CEOs in 2012. News that
prosecutors are seeking charges against Fitschen comes as
Germany's largest bank struggles with a series of legal problems
and works to meet strict new capital requirements from
Fitschen's personal lawyer declined to comment, as did the
lawyers representing former CEOs Ackermann and Breuer.
A spokeswoman for the court also declined to comment.
The Munich prosecutors' office said it had concluded its
investigation but declined to comment further.
"Due to legal reasons we cannot issue a statement until all
the parties have been properly informed about the process," the
prosecutor said in a statement.
(Reporting by Joern Poltz and Kathrin Jones, writing by Thomas
Atkins, editing by Noah Barkin)