Trial in opposition to Olearius within the house stretch | EUROtoday

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Senior Public Prosecutor Stephanie Kerkering demanded within the courtroom {that a} so-called dismissal judgment be introduced as a result of defendant's everlasting incapability to face trial. The prosecution's consultant additionally requested that the felony proceedings be transferred to an unbiased confiscation process.

The felony courtroom would then must determine on the confiscation of 43 million euros from Olearius' belongings. According to prosecutors, the previous head of the non-public financial institution MM Warburg acquired this sum as revenue from the cum-ex transactions.

Olearius' protection, then again, continued to help its demand for acquittal. The proceedings ought to no less than be discontinued as a result of there are severe procedural obstacles, together with severe violations by the state of the suitable to a good trial. The felony chamber made no resolution. It has scheduled continuation dates for the approaching weeks. As lately as Thursday, quite a few periods had been scheduled till mid-December 2024..