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MADRID, 31 May. (EUROPA PRESS) -
Agents from the Frankfurt Public Prosecutor's Office (Germany), as well as from the Federal Criminal Investigation Office (BKA) and officials from the Financial Supervisory Authority (BaFin) have carried out a search at the offices of Deutsche Bank and DWS in the city in Frankfurt, in relation to an alleged case of 'eco-laundering' ('greenwashing') that would affect the subsidiary of the largest German bank.
"The measures of the Prosecutor's Office are directed against unknown persons in relation to accusations of 'eco-laundering' against DWS," a spokesman for the German bank explained to Europa Press, adding that DWS has continuously cooperated with all relevant regulators and authorities in this matter and they will continue to do so.
On his side, a spokeswoman for the Frankfurt Public Prosecutor's Office told the German newspaper 'Handelsblatt' that around 50 officials from the authorities involved in the investigation had participated in the searches. "The investigations have been running since the beginning of the year and are still directed at unknown persons," the spokeswoman explained.
DWS has faced investigations by regulators in the United States and Germany since its former chief sustainability officer, Desiree Fixler, alleged last year that the company inflated its ESG (environmental, social and governance) credentials, something it has always done. rejected the German manager.
