Top executives face charges: Bonuses for Mannesmann takeover said to be illegal

• Published in: The Guardian (London)
• Main Author: John Hooper in Berlin and Mark Milner
• Format: Newspaper Article
• Language: English
• Published: London (UK) Guardian News & Media Limited 18.02.2003
• Subjects: Acquisitions & mergers; Bonuses; Executive compensation; Executives; Indictments; Germany

Neither the names of the accused nor the charges laid against them were made public. But according to judicial sources yesterday the defendants included Josef Ackermann, the head of Germany's biggest bank, Deutsche Bank, Klaus Zwickel, the boss of the powerful industrial union, IG Metall, and M...