German carmaker Porsche finance chief denies wrongdoing

By The Next World AAP The Porsche finance director who was in charge of the company’s financials during the scandal has denied any wrongdoing.

Speaking to The Next Word, Peter Epp told the German newspaper Bild am Sonntag that the finance director, Hans-Peter Wertheim, had told him that he was not in the right to know all of the details about the company.

“We have the information that the bank is doing everything it can to avoid being charged and we have to be honest about that,” Mr Wertheimer said.

“There is no wrongdoing and I’m not in charge.

It’s not a matter of me telling you what you can do, but rather to explain what’s going on.”

The news comes after it emerged that Porsche had paid $US300 million ($400 million) in penalties to the Australian Federal Police in relation to its dealings with former finance director Andreas Keller, who was charged in Australia with 11 counts of fraud, and the US Federal Bureau of Investigation (FBI) in relation of his investigation into the German automaker.

Mr Wertheir said that Mr Keller had not told him anything that was relevant to the probe, and that he had also not informed Mr Keller of the decision to pay the money.

“I was told by Mr Keller that he didn’t know about it.

I didn’t ask for that, I had to say that,” he said.

Mr Keller’s legal team have also said that the German finance director was in contact with Mr Keller and the German authorities on a regular basis during the investigation into alleged wrongdoing.

“Mr Keller was also in touch with Mr Wirtheim about the investigation and he was asked about the details of the investigation by Mr Wereheim,” the legal team said in a statement.

“As he is a private person, he is unable to provide details of investigations or information he received.”‘

A little bit of good’The Porsche finance department has denied that Mr Werthheimer had informed Mr WERTHEIR of the fine, and he has since stepped down as finance director.

“Hans-Peter was not involved in the investigation of Andreas Keller or the investigations against other companies,” a Porsche spokesperson told The NextWeb.

“This was done after the conclusion of the financial crisis and prior to the introduction of new legislation on the subject.

He never requested anything from the company or asked any questions.”‘

This was a little bit good’While Mr Keller’s lawyers have previously argued that Mr Epp’s comments show he is not an official employee of the German car company, Mr Werbheim said that was “just nonsense”.

“This is not about Hans-Paul, it’s about Hans Peter,” he told TheNextWord.

“The bank has to pay for what it has done.”

“I know that it’s not what I should have done, but I had nothing to do with it,” Mr Keller told The Associated Press on Monday.

“It was just a little thing and it’s the bank that is responsible.”

Topics:business-economics-and-finance,finance-and/or-monetary-policy,law-crime-and

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