The CEO of Volksbank Düsseldorf Neuss, who was involved in fraud, resigns | Börsen-Zeitung

The CEO of Volksbank Düsseldorf Neuss, who was involved in an international fraud case, Rainer Mellis, has resigned, the institute announced on Friday. This is said to have happened at the request of the financial regulator BaFin. “Despite the international fraud case in which the Volksbank was taken advantage of, the board of directors and Mr. Mellis want to ensure that further investigation can be carried out without reservation, transparently and without attention to people,” said the short and limited statement of. the reason

The co-operative bank announced at the end of October that it had been affected by “fraudulent transactions relating to international trade“. It is against a claim for 100 million euros, “the validity of which is very controversial,” as the cooperative bank wrote.

The former financial director of the French fashion company Kiabi is said to have transferred this amount and transferred it to an account at the Volksbank Düsseldorf Neuss. It is said that she is now in custody in France and that the Paris public prosecutor’s office is investigating suspected large sums of money.

The Volksbank announced in October that it had created provisions using its own funds and through guarantees from the Federal Association of German Volksbanks and Raiffeisenbanks (BVR).