Dusseldorf - A chapter of the eternal struggle between the Rheinbahn and her ex-board Gerd Blumenthal was finalized on Friday. The district court ruled that Blumenthal has to pay for the credit-flop with ex-Moselbahn-owner Peter H.. It is around 1.2 million euros.
The hopes of ex-board but do not have to fork out for themselves. An insurance protects the ex-manager from damage by wrong decisions. In addition, Blumenthal is sure: "Similarly, Mr. Rock and Mr. Ackermann will have to pay."
The court had also found that not only did Blumenthal in business and lending to the Trier business failure. The former chief executive Herbert rock and still acting Personnel Director Peter Ackermann had signed at that time with some contracts.
The former chief financial officer accused the judge that he had not the solvency of the borrower adequately tested. Blumenthal himself sees it differently: "It is unusual occurring in practice and to undertake not to grant to their own members is a credit bankenmäßige."
Remains to be seen whether the insurance will pay or the process in the next instance will be continued. The dispute over the pension of Blumenthal is also not yet clear. The Rheinbahn he wanted to eliminate old-age benefits. Blumenthal complained. It is now out of court negotiations.
