Former banking director Franziska Klikovits was sentenced on Tuesday to six years and four months in prison in Causa Commerzialbank. It is said that it has granted an infinite number of “credit funds and transferred cash from the bank.
This would have kept three companies alive. Former bank director Martin Pucher is also accused of participating in the procedure. With Klikovits, an entrepreneur was sentenced to two years and six months in prison. Klikovits was guilty, the entrepreneur was partially known. Both were guilty by the layman in Eisenstadt for embezzlement, unfaithfulness and fraudulent Crida.
The judgment is not yet final. The defenders had argued for the most mild penalties in the morning. As a mitigating circumstance, they emphasized that the former officer was responsible, revealed everything and thus contributed to clarifying the case. “In my career I rarely heard a more renowned confession,” said the public prosecutor.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
