Prosecutors in Frankfurt on Tuesday announced they were investigating whether Ernst Welteke, the president of the Bundesbank, had acted illegally
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.
The most popular articles
Campaign for green transport underscores key role of cities in fighting global warming.
more »
The EP has called for a rapid release of EU aid funds to help victims of this summer's devastating forest fires in Southern Europe, especially in Greece.
more »
Taking into account changes on domestic and international money markets AB DnB NORD Bankas, a member of international financial group shall change individual and corporate time deposit rates from September 14th.
more »
The World Bank today approved a US$75 million IDA credit to Sri Lanka, which will support the second phase of a community driven development program that has touched the lives of nearly one million poor Sri Lankans in the three provinces of Uva, Southern, and Sabaragamuwa.
more »
The lights went out on the traditional 100 watt bulb on 1 September as new EU rules on energy efficiency kicked in.
more »
EU seeks new tools for measuring economic performance that give more weight to social and environmental aspects of wellbeing.
more »
Samoa is to become the first nation in nearly 40 years to swap driving on the right side of the road, to the left.
more »
Tales of survival are beginning to emerge among passengers plucked from a sinking ferry off the southern Philippines.
more »
Taking into account changes on domestic money market AB DnB NORD Bankas, a member of international financial group shall change individual and corporate time deposit rates as of 1st September.
more »
Proposal for programme to coordinate resettlement of refugees at the EU level.
more »