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tv   DW News - News  Deutsche Welle  November 29, 2018 2:00pm-2:15pm CET

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this is g w news live from berlin german prosecutors raid the country's biggest lender deutsche bank investigators want to know if staff at the bank helped to launder money for criminals the claims were first made in the twenty six team data leak known as the pad of paper. also coming up a court in the philippines finds three police officers guilty of murdering a teenager there the first officers to be convicted for the killings that are part of the president to turn the so-called war on drugs.
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i'm sorry kelly welcome to the program. german prosecutors have raided the offices of the country's biggest lender dortch a bank as part of a probe into money laundering the investigation is based on revelations made in the twenty sixteen data leak known as the panel of papers that week suggested that deutsche bank staff helps criminals funnel money into offshore tax havens police surrounding the headquarters of germany's biggest lender if deutsche is image wasn't a ready in tatters it certainly is not zero. the banks accused of helping clients hide money earned from crime the suspicion of money laundering reportedly based on revelations in the two thousand and sixteen panama papers the identity of the
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suspects hasn't been revealed but it's known that they're accused of failing to report hundreds of suspicious transactions linked to a company located in the virgin islands these are the kinds of claims that if true could mark the beginning of the end for deutsche bank demise some say has been a long time coming deutscher has posted three consecutive years of losses earlier this year and as today's british boss john cryan in favor of this man insider christiane saving now it will be up to him to address accusations that deutscher hasn't only been mismanaged but involved in far shady or potentially criminal business. and let's get more now on this developing story i'm joined here in the studio by helen humphrey all the barts is also standing by with the view from frankfurt helena i'd like to begin with you put this into context for us how big is this for georgia are afraid sara it essentially doesn't get more serious than this
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when it comes to the allegations this morning dawn raids in frankfurt in offices in and around the city triggered by those allegations that do it your bank essentially was involved in setting up a separate entity in the british virgin islands a known tax haven the storing the funds of around nine hundred customers money to the tune of three hundred million euros and i use that term loosely but gotten ill gotten essentially according to those allegations through criminal activity the allegations there of being involved with potentially organized crime is something which no bank no company wants to have on their hands and bank their headquarters raided there in frankfurt only bartz is actually standing by at the stock exchange in the city where investors were also quick to react weren't they really are. yes sold a share immediately no it didn't crash or anything like that but it is going down by a good three percent and what immediately from
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a slight gain it was motoring along quite nicely into the negative territory and the awful thing about that is even though it's a loss of about three percent right now it's getting closer again to its all time low that it reached in november twentieth and just over eight euro's and investors of course are treating nervous again about the direction of the share the bank obviously is also on nervous because after a first statement that came not that long ago after the raid became known there was a second statement that came after and after the noon hour and in this direction banks says we had been convinced that we had provided authorities with relevant information on panama papers in other words the bank doesn't know what the heck is going on formulating it in my words with his public publicly spectacular a raid and in other words it's complaining about the kind of set up this stock with all those police vans in front of it said borders i mean that really has to make
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you wonder about what the potential consequences might be here and also you know keeping in mind that this is not the first time that deutsche a has been in the crosshairs of authorities right helena absolutely i mean it really there was just talking about the fact that that spectacle today's already not the share price down that it's one day one day of reputational damage essentially what we could see now we will see is this investigation which will potentially lead to a fine employees who off found to be guilty could face prison time essentially he wants to punk them money still their cash with the bank which has been found to be working with criminals it's not a good look some people are saying that you know if these allegations all proved to be correct this could mark the beginning of the end for deutsche bank which is already in dire straits financially three years of losses. in a row but let's see it's certainly a massive investigation which is underway nevertheless german prosecutors have been in possession of this information since the panama paper leaks two years ago many
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people would be saying it's a welcome step other people may be wondering you know why is it taken this long is that she just how big the case is we will certainly be following every twist and turn of this developing the investigation getting under way we will see what indeed the authorities conclude helena humphrey here in the studio in frankfurt thank you so much. when i also in germany chancellor angela merkel has called for a diplomatic solution to the standoff between russia and ukraine the two countries have been at loggerheads since a naval crash off the crimean coast over the weekend russia's president vladimir putin says that ukraine orchestrated the incident kiev says it is a prelude to a russian invasion. putting on a show of readiness ukrainian troops dig trenches near the russian border they have been put on alert as martial law comes into effect ukraine's president petro
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poroshenko visited a military training center urging his troops to get prepared for action even if the mine. will give them no chance to invade into ukraine. that's why today we are doing everything possible to provide extra financing of the armed forces. not to be outdone russia's defense ministry also released a video of training exercises in the south of the country. both sides are blaming your child up for provoking sunday's naval clash in the carriage strait russian ships fired on and seized three ukrainian naval vessels capturing the crew. of ukrainian sailors have been charged with unlawfully entering russia and of being held pending trial western countries are calling for their release. the united states' special envoy for ukraine told d.w. that further sanctions against russia are on the table and we've tried to ratchet
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up the sanctions gradually in order to create pressure and to indicate that there is a way out that we would like to talk with russia genuinely ending the conflict withdrawing its forces reestablishing security and then getting the minsk agreements open and then they don't that's a real shame the u.s. president donald trump has threatened to cancel a planned meeting with russian president vladimir putin at this week's g. twenty summit but russia says the meeting will occur as it's too important for both sides. and amid the escalating tension between russia and ukraine a forum of ukrainian and german business leaders is taking place here in berlin speaking a short while ago ukraine's prime minister. said that he hopes that german companies would invest in ukraine despite the conflict he thanked chancellor angela merkel for supporting the territorial integrity of ukraine americal said that she would speak to russia's vladimir putin about the conflict at the g twenty summit later this week germany has been a key mediator between ukraine and russia. that's been our political correspondent
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and founder marcos standing by at the forum for us to fabio what else did the german and the ukrainian leaders have to say about the ongoing tension between russia and ukraine. well you know prime minister to recall that in the russian aggression that could happen anywhere and he also spoke about the need for the ukraine to protect its integrity defend its integrity but you also think chancellor vector for her stands for her clear position but and she didn't bring you the requests that we had of president poroshenko or of german military or new sanctions. on the other hand she said that it's clearly in the russian's responsibility to release the soldiers to make those ukrainian harbors accessible she also said that she will speak to russian president putin at the g twenty summit at the germany and france would remain willing to mediate between russia and the
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ukraine as the. norm on the reform of the minsk process and also i'm going to actually said that she didn't mention military or new sanctions but she defended the existing sanctions and maybe we can just listen what she said there. money and so we don't impose sanctions on russia for sanctions sake rather we impose sanctions to make clear that countries even if their territorial situation puts them close to russia have the right to their own development those are the principles of international law it's one and you know adding to that the german chancellor she has also said that she is committed to the north stream to pipeline in the baltic sea despite tensions in the region could this joint project with russia now become a problem for merkel. it is already a problem since the us is against many european countries are against it and of
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course also ukraine is strongly against it has to stop this project the ukraine is afraid that with this pipeline this bypass through the ballot exceeds ukraine could lose its status as an important transit state and could then be more valuable to russia i'm glad america has said she tries everything that ukraine remains an important transit country and what was interesting she dropped the quite silent line where she said that germany could also use its energy ties with russia as a leverage against russia fascinating stuff fabienne funded mark standing by there at the german ukrainian economic forum in berlin thank you fabia. a court in the philippines has found three police officers guilty of murder for the killing of a teenage boy they are the first policeman convicted for their part in president rico to terror taste so-called war on drugs she rights activists say that the crackdown has led to thousands of extra judicial killings but it is the case of one
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the seventeen year old which has stirred unprecedented public anger. to have the convicted police officers leaving court. minutes earlier they along with one other had been found guilty of murdering schoolboy last sun toss they claimed the seventeen year old was a drug korea who fired at them while resisting arrest in twenty seventeen but this is c.t.v. footage showed the teenager being dragged by two offices just moments before he was shot in an alleyway in the philippines capital of manila. vicky ends family the guilty verdicts are a vindication. last elma's airport i see i am very happy because this is the answer to prove that my son is innocent and has never been involved in drugs to everyone who helped us everyone whose names i can no longer list down thank you very much
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but i knew when i was a loudmouth saying. he ends murder trigger threat protests filipinos took to the streets angry at the rising death toll. police say they've killed almost five thousand people allegedly involved in the narcotics trade since twenty sixteen that was when the country's president rhodri go to attack today launched his war on drugs although he promised to pardon authorities involved in his crackdown even he refused to defend the police officers who killed key n. . we are very hard to be part of the system that third by judge office and this proves that those rule of law truth and justice in the philippines. while the men will serve up to forty years in jail it's a life sentence for the teenager's parents all they can hope for is that these
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convictions will force the police to think before they kill. well now some sports news and let's tell you about a big night in the champions league the premier match and europe's top club tournament soared saw paris on john defeat last season's runners up liverpool it took only thirteen minutes to open the scoring but p.s.g. is won by not his side believes his c.v. the star player neymar added another in the thirty seventh minute to put p.s.g. in the driver's seat liverpool closed the gap when james milner converted a penalty kick before half time apart asuncion man managed to hold on a two one win. one on paris is not guaranteed to use a spot in the final sixteen of the champions league because of the other games last night check this out group c. will go down to the last game after napoli beat red star star belgrade a third to go madrid did advance thanks to a win over monaco dortmund also made it through despite
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a draw shaka lost but still advanced barcelona won and also won their group and tottenham still have a chance. it's but that now you are up to date on deja vu news but don't go away after a short break helen humphrey joins you with more i'm sara kelly in berlin and thank you so much for watching have a great day. with him had to be gone to go saw his will lie in the sky you know if i had known the boat would be about small i never.


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