Prosecutors Investigate Bundesbank Scandal

Published: 7 April 2004 y., Wednesday
Prosecutors in Frankfurt on Tuesday announced they were investigating whether Ernst Welteke, the president of the Bundesbank, had acted illegally by letting Dresdner Bank pay for a €7,661 ($9,232) hotel stay in Berlin over New Year's Eve 2001. Welteke had originally downplayed the matter after news reports surfaced over the weekend. Politicians across party lines have since called for his resignation and Welteke has paid back the money. On Tuesday, he said he might consider stepping down as head of the Bundesbank, which supervises Germany's banking industry. Before making a decision, he has asked the Bundesbank's board to investigate the accusations against him. While saying that a government minister would not be able to remain in office under similar circumstances, German Finance Minister Hans Eichel said Bundesbank officials should deal with the matter internally and emphasized that the ministry had no control over personnel decisions at the bank.
Šaltinis: dw-world.de
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Cambodia: Health Equity Fund Brings Medical Care to the Poor

51-year-old mother of eight, sits beside her sick husband, Tuy Muy, 52, in Battambang Provincial Referral Hospital. He is lying on a bed with a stomach problem, battling nausea and vomiting. more »

Parental leave - how much is enough? EP rapporteur Edite Estrela interviewed

The length of maternity and paternity leave are at the heart of a crucial vote in the plenary sitting of March 24-25. more »

Closer ties between women and the European Union

The perception women have of the EU, the way the economic and financial crisis is affecting women and the lessons to be learnt ahead of the 2014 elections are among the issues to be tackled during a colloquium being held at the European Parliament on Tuesday. more »

Women's rights: strategic goals of Beijing Platform not yet achieved

To achieve quicker de facto gender equality, Commission and Member States should adopt and implement specific gender equality policies, Parliament said in a resolution adopted on Thursday. more »

“Erasmus for Young Entrepreneurs” to boost creation of small enterprises

Are you thinking about setting up your own business or are you already a successful entrepreneur? The Erasmus for Young Entrepreneurs exchange scheme offers an excellent opportunity for new entrepreneurs to acquire relevant skills for managing a small or medium-sized enterprise (SME). more »

MEPs back steps to ease foreign child maintenance

The pain of divorce and separation is all too often accompanied by financial and emotional hardship when one parent lives abroad and refuses to provide financial help. more »

112 - Europe's lifeline

Most Europeans still do not know they can call 112 anywhere in the EU to contact the police, fire brigade or an ambulance. more »

Solidarity with the people of Haiti

Helping to meet Haiti's humanitarian, reconstruction and nation-building needs must be the EU's priority in tackling the earthquake's aftermath, says Parliament in a resolution approved on Wednesday. more »

Rise in access to safe water in Europe

Further work is needed to continue improving access to safe drinking-water at home, sewerage systems and safe bathing water throughout the European Region. more »

MEPs debate extending funding for poor housing

Poor housing remains a blight across Europe and Tuesday evening MEPs will debate a plan to extend EU funding to help renovate and repair housing stock for the poorest people on the continent. more »