Overview

• The Bonn office said it found no initial suspicion and no concrete indications of a crime to justify opening proceedings.
• An appeal against the non-initiation decision has been filed and is under review by the Generalstaatsanwaltschaft Köln.
• The complaint by Olearius’s legal team alleges Brorhilker knowingly relied on incomplete or false facts in indictments against former M.M. Warburg employees.
• Prosecutors emphasized that the materials provided did not meet the threshold required to begin a criminal investigation.
• Olearius’s own trial was halted last year due to unfitness to stand trial with no verdict entered, and Cum-Ex deals are estimated to have cost the state at least €10 billion.