Deutsche Bank CO2 Trade Partner Convictions Upheld by Top Court
This article is for subscribers only.
Germany’s top criminal court upheld the first convictions in a tax-evasion probe that has spread to two of the highest ranking officials at Deutsche Bank AG.
The Federal Court of Justice rejected the appeals of four of six men found guilty in December 2011 of evading a total of 260 million euros ($347 million) in taxes on carbon emission trades, according to a ruling posted on the court website today.