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BaFin publishes interim finding of accounting probe into real estate group
Move comes after Big Four firm refused to sign off company’s 2021 results
Plus, Morgan Stanley’s history with Elon Musk pays off and KPMG refuses to sign off on Adler’s results
Co-chief and three board members resign as Big Four firm says it was denied access to crucial documents
Rare move pushes German property company deeper into crisis
Forensic investigation uncovered impairment risks but found no evidence of fraud
That pesky former Soviet republic just keeps popping up at the German real estate group eh?
Follow us down the rabbit hole at the under fire German real estate group
German real estate company’s shares hold firm as it asks auditor to extend special investigation
Aggregate pledged shares against €250mn loan but rejects cross-default on bonds
Stefan Kirsten vows to stabilise German property group after ‘loss of confidence’ following fraud allegations
Investors are disappointed the residential property group has not firmly refuted fraud allegations
US bank reviewed property company’s alleged links to Cevdet Caner after whistleblower email
Austrian entrepreneur denies short-seller allegations that he is at the centre of ‘secretive, kleptocratic cabal’
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