Wirecard process: Highest penalty for Braun threatens-judgment is imminent!
Wirecard process: Highest penalty for Braun threatens-judgment is imminent!
In the process of the Wirecard scandal, there is a decision that could have serious consequences for Markus Braun, the former CEO of the failed payment service provider. According to reports from vienna.at , in view of the present evidence, a prison term of ten to 15 years could be considered brown. The Austrian has been in custody for four and a half years and is faced with numerous allegations, including falsification and fraud.
In the original lawsuit, 43 allegations against brown were raised, but now some could be dropped, which process observers consider to be a tough judgment. The DAX group Wirecard collapsed in June 2020 when 1.9 billion euros were missing on trust accounts in Asia. Prosecutor and insolvency administrator assume that it is an invention that investors and banks have cost billions, as well as FAZ.net . The indictment accuses Braun and his co -accused of misleading Commerzbank and other donors with false information.
protest of defense
The court plans not to unnecessarily extend the process; The upper limit for the overall penalty plays an important role. Even with maximum conviction, the punishment could not be more than 15 years due to legal regulations. This means that the court concentrated the remaining charges in order to work on a quick judgment. An appraiser will testify in the coming days, and experts already expect a total damage of around 500 million euros, which underlines the severity of the remaining allegations.
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| Ort | Vienna, Österreich |
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