In the case of the Commerzbank carried out a RAID. There is probably a suspicion that the Bank got involved in Cum-Ex-transactions.
Frankfurt am Main - Since Tuesday morning, officials of the Prosecutor's office of Cologne, browse the Commerzbank in Frankfurt. It is probably the suspicion of tax offences. According to information of the Handelsblatt it comes to investigation because of the involvement of the Commerzbank Cum-Ex-transactions.
Commerzbank to Cum-Ex-transactions involved
Commerzbank had probably participated in the trade with large blocks of shares around the dividend payment date with (cum) and ex (without) dividend claim at the expense of the taxpayers. The Prosecutor's office confirmed on demand of the trade blade, "that today, in the framework of the procedure complex to the Cum-Ex-transactions, determination of measures to be carried out". Due to tax secrecy may, however, be no further information given.
"Please understand that we cannot comment on ongoing investigations. It is in our own interest, that this matter will soon be cleared up,“ said a spokeswoman for the company.
Date Of Update: 11 September 2019, 12:00
