Germany: Cologne: Savings-Bank-Swamp! Ex-head-Schröder, what was going on with Oppenheim?!

PRENOTE: A savings bank is locally run in Germany as well as it is run by the municipality.

Cologne - that would be a bit more than a backroom-deal - it reminds of Mafia!
Yesterday, savings-bank-boss Artur Grziesk had the bomb exploded: "We found files, which are so brazen, that we assume, that the state attorney will start his investigations now respectively extend them."
The savings bank head found: dealings out of the year 2000, that concern the savings bank head back then, Schröder, and the head of the administrative board of the bank, Rolf Bietman, who was back then conservative Christ dem faction head in Colognes assembly. Bietmann seems to have allowed to Schröder that he takes up another job. He did not ask for whom Schröder intended to work. How bild got to know, it is a position in Sal .Oppenheim's committee for investment banking.

Head state attorney Guenther Feld confirmed yesterday in the afternoon: "We received yesterday in the morning files of Savings bank CologneBonn. We are starting to examine those papers in our economy-section."

One was set into panik by the Grzesiek-publication: Mr.Schröder. He contacted his lawyers immediately. It is Berlin's lawyers Höch & Höch. They stated: "The former head of the board Schröder advises you to the fact that he had no side-job at any time."

Bietmann pretends to be calm also: "the administrative board agreed in feb 2000 to a side job of the head of the executive board. The committee though was never constituted."
Instead an insider says: "members of the administrative board back then agreed to a proposal, which did not state exactly for which enterprise Schröder was going to work in a side-job."
Were there backroom deals concerning mega-projects?
Bietmann: "Nobody thought of the exposition halls and the Rhinania-halls in 2000, instead they were discussed for the first time in 2003." the savings bank CologneBonn renterd later Only rooms in the rhinania halls, they were sub-rented to Talanx and RTL. They guarantee the Oppenheim-Esch fonds a monthly rent-income amounting to 1.5 mio Euros. It's a 100 mio euro disaster for the Savings bank CologneBonn.