1 00:00:00,046 --> 00:00:02,686 Olga Garovic gave you a stack of documents. 2 00:00:02,766 --> 00:00:05,206 Yes. I found a letter. 3 00:00:05,286 --> 00:00:07,246 Stupid idiot. 4 00:00:07,326 --> 00:00:11,846 You have your official power abused as a tax employee. 5 00:00:11,926 --> 00:00:15,246 The defendant, Niels Kasper Jensen. Being convicted... 6 00:00:15,326 --> 00:00:17,526 up to five years in prison. 7 00:00:17,606 --> 00:00:23,566 Join my German friends at Avidor cum-ex deals in Danish shares. 8 00:00:23,646 --> 00:00:27,366 My client wants an idea of what cooperation will bring him. 9 00:00:27,446 --> 00:00:31,361 Who acts as a short seller? -In this case it was Kargus Bank. 10 00:00:31,486 --> 00:00:34,126 Did Hausner know it was illegal? 11 00:00:34,206 --> 00:00:36,806 -You said you wanted to cooperate fully. 12 00:00:36,886 --> 00:00:39,606 But you are trying to protect fellow perpetrators. 13 00:00:39,686 --> 00:00:42,241 This is where I wanted to go with a friend. 14 00:00:42,366 --> 00:00:44,926 How do you know that I support St. Pauli? 15 00:00:45,006 --> 00:00:46,939 Then the interrogation ends here. 16 00:01:13,366 --> 00:01:16,046 Based on true events. Unfortunately. 17 00:01:16,126 --> 00:01:17,806 Around the corner. 18 00:01:19,286 --> 00:01:21,886 What? -That's a Prince song. 19 00:01:22,486 --> 00:01:25,006 Never heard of it. -That's not possible. 20 00:01:25,086 --> 00:01:30,846 This single cost me a fortune. Only one was pressed. 21 00:01:30,926 --> 00:01:32,886 One single. 22 00:01:34,326 --> 00:01:38,566 And now? Will you play it for me? -No. 23 00:01:38,646 --> 00:01:41,526 No. no. I have it myself never heard before. 24 00:01:41,606 --> 00:01:43,606 Why not? 25 00:01:43,686 --> 00:01:45,446 I'd rather not do it. 26 00:01:45,526 --> 00:01:48,446 The fulfillment of a great wish... 27 00:01:48,526 --> 00:01:51,606 is almost always a disappointment. Or not? 28 00:01:51,686 --> 00:01:56,966 Syed, are you going to cooperate with Birkwald? Yes or no? I need your help. 29 00:01:57,046 --> 00:02:01,566 I don't trade much in Germany. I'm not interesting to Birkwald. 30 00:02:01,646 --> 00:02:03,966 Do you want to invest in Denmark? 31 00:02:04,046 --> 00:02:06,966 Let me know. I will be in Frankfurt for New Year's Eve. 32 00:02:07,046 --> 00:02:10,446 Then I'll be in jail. If I don't help them. 33 00:02:13,806 --> 00:02:19,606 Well, then track down your accuser and declare your love to her. 34 00:02:19,686 --> 00:02:25,606 I can't even contact her. -Sven. don't you ever watch rom-coms? 35 00:02:26,486 --> 00:02:29,646 You need your love publicly announce. 36 00:02:33,926 --> 00:02:35,766 You'll be fine. 37 00:02:39,766 --> 00:02:46,773 HAMBURG 38 00:02:50,286 --> 00:02:53,646 Do you have an appointment? -We don't need that. 39 00:03:00,006 --> 00:03:04,606 Here. That wasn't hard to find. -I had to learn that too. 40 00:03:04,886 --> 00:03:07,806 You need to know where all the storage spaces are. 41 00:03:07,886 --> 00:03:11,726 Here, for example. -Typical. Behind the elevators. 42 00:03:11,806 --> 00:03:13,766 Mrs. Birkwald. 43 00:03:13,846 --> 00:03:19,046 Schneider. Main representative from Kargus Bank. 44 00:03:19,126 --> 00:03:22,806 We would like to make you an offer. -Me? 45 00:03:23,846 --> 00:03:25,726 To the Public Prosecution Service. 46 00:03:26,926 --> 00:03:28,406 Would you like to come along? 47 00:03:30,166 --> 00:03:33,806 Thank you for making time for us. 48 00:03:33,886 --> 00:03:37,206 I have invited a few more colleagues. 49 00:03:37,286 --> 00:03:40,646 Well, if there are so many of you you showed up... 50 00:03:42,126 --> 00:03:44,606 Please sit down. 51 00:03:45,886 --> 00:03:48,446 Kargus Bank is aware... 52 00:03:48,526 --> 00:03:52,926 that in the past not everything went ideally. 53 00:03:53,006 --> 00:03:57,686 For arbitrage transactions the bank is based on legal assessments... 54 00:03:57,766 --> 00:04:00,526 from respected tax lawyers. 55 00:04:00,606 --> 00:04:05,206 In retrospect, maybe we should have need to check more carefully... 56 00:04:05,286 --> 00:04:08,686 whether everything was really flawless. 57 00:04:08,766 --> 00:04:14,046 There is Kargus Bank namely for more than 230 years. 58 00:04:14,966 --> 00:04:17,126 In addition, we now also have... 59 00:04:17,206 --> 00:04:20,766 five new compliance employees accepted... 60 00:04:20,846 --> 00:04:25,806 with the only task solving these shortcomings. 61 00:04:26,966 --> 00:04:30,646 As a sign of our goodwill... 62 00:04:30,726 --> 00:04:33,886 and social responsibility is the bank ready... 63 00:04:33,966 --> 00:04:37,806 to agree with a payment of 12 million euros... 64 00:04:37,886 --> 00:04:43,166 as the Public Prosecution Service in return the investigation into Kargus ceases. 65 00:04:44,286 --> 00:04:46,006 Twelve million? 66 00:04:54,046 --> 00:04:57,766 That's a first offer so to speak. 67 00:05:00,686 --> 00:05:04,646 There is still room for negotiation. 68 00:05:04,726 --> 00:05:06,606 I understand your approach. 69 00:05:07,886 --> 00:05:11,886 No long procedures or publicity. Quick money for the state treasury. 70 00:05:11,966 --> 00:05:14,486 I'm glad we... -But you know... 71 00:05:15,646 --> 00:05:17,726 That would give bankers the idea... 72 00:05:17,806 --> 00:05:21,046 that you have a few million you can buy everything. 73 00:05:22,046 --> 00:05:27,246 Then everything remains the same. But we don't want that at all. 74 00:05:27,326 --> 00:05:30,126 But Mrs. Birkwald... -I appreciate the move. 75 00:05:30,206 --> 00:05:34,446 But it's no. There will be no amicable settlement. 76 00:05:37,966 --> 00:05:40,206 I wish you a nice day. 77 00:05:49,726 --> 00:05:51,166 Tasty. 78 00:05:51,686 --> 00:05:54,886 HAMBURG tax office Hamburg 79 00:05:55,286 --> 00:05:58,326 I'm really shocked, quite honestly. 80 00:06:00,966 --> 00:06:05,499 I saw Kargus as one honest respectable bank. 81 00:06:05,686 --> 00:06:08,806 I feel so...smeared. 82 00:06:08,886 --> 00:06:11,926 We had it as a tax office from Hamburg... 83 00:06:12,006 --> 00:06:14,566 not before Should I sound the alarm? 84 00:06:14,646 --> 00:06:18,206 We have the role of Kargus also only discovered through a witness. 85 00:06:18,286 --> 00:06:21,646 So don't blame yourself. -But the scale at which. 86 00:06:21,726 --> 00:06:28,086 Kargus has 5.3 billion in 2009 euros in shares traded. 87 00:06:28,166 --> 00:06:31,566 Good for 44 million unlawful reimbursement. 88 00:06:31,646 --> 00:06:36,086 That amount had already increased in 2011 to about 171 million. 89 00:06:39,806 --> 00:06:43,966 I'm just speechless. I have to tell you that honestly. 90 00:06:44,046 --> 00:06:48,206 There is a dark cloud hanging over us. Namely, expiration. 91 00:06:48,286 --> 00:06:52,006 We only have concrete details until the end of this year. 92 00:06:52,566 --> 00:06:56,606 For you, the burden of proof lies with the banks. Unfortunately not for the Public Prosecution Service. 93 00:06:56,686 --> 00:07:00,446 Are you aware of the recent verdict? of the Fiscal Court of Hessen? 94 00:07:00,526 --> 00:07:01,766 Naturally. 95 00:07:01,846 --> 00:07:06,606 A bank can request a refund if they prove that payment has been made. 96 00:07:06,686 --> 00:07:08,366 And they can't. 97 00:07:08,446 --> 00:07:11,206 Because they simply haven't paid. 98 00:07:11,766 --> 00:07:13,166 Precisely. 99 00:07:14,566 --> 00:07:16,686 I'm counting on you. Mrs Binder. 100 00:07:23,526 --> 00:07:26,766 Mr. Jensen, you have a visitor. 101 00:07:26,846 --> 00:07:29,006 Hi, Olga. -Hello. 102 00:07:35,086 --> 00:07:36,806 Merry christmas. 103 00:07:45,726 --> 00:07:52,166 I baked some brunkager. Danish Christmas cookies. 104 00:07:52,246 --> 00:07:56,006 They are really tasty. It's a recipe that Benny... 105 00:07:58,206 --> 00:07:59,806 They are very tasty. 106 00:08:06,646 --> 00:08:08,926 Shall we dance? 107 00:08:09,006 --> 00:08:12,326 A Danish Christmas dance around the table? 108 00:08:12,406 --> 00:08:15,126 That's how we always do it here. 109 00:08:16,046 --> 00:08:19,326 And then we sing. Will you sing along with me? 110 00:08:19,966 --> 00:08:23,126 Silent night. 111 00:08:23,206 --> 00:08:26,566 Holy night. 112 00:08:29,646 --> 00:08:32,566 Olga, you're cool. 113 00:08:32,646 --> 00:08:38,086 I wish I could be with you... 114 00:08:38,166 --> 00:08:43,366 to celebrate Christmas with you. 115 00:08:50,686 --> 00:08:53,486 You smile. I'd like to see that. 116 00:08:54,366 --> 00:08:55,766 I miss you. 117 00:08:57,326 --> 00:08:59,006 Merry christmas. 118 00:08:59,846 --> 00:09:02,286 My wild Viking. 119 00:09:02,366 --> 00:09:03,966 I miss you. 120 00:09:05,566 --> 00:09:07,033 I missed you too. 121 00:09:20,926 --> 00:09:24,766 Can I help you with anything? -No, thank you. I'm going again. 122 00:09:24,846 --> 00:09:27,926 You probably won't wait on an escaped prisoner. 123 00:09:28,006 --> 00:09:30,206 No, that's right. 124 00:09:30,966 --> 00:09:33,286 Do you know any of the detainees? 125 00:09:36,566 --> 00:09:40,086 Making a visiting appointment is not difficult. 126 00:09:40,166 --> 00:09:42,486 No, I know that. 127 00:09:42,566 --> 00:09:44,966 Have a nice day. -Thank you. 128 00:09:59,926 --> 00:10:03,886 Research editorial office. 129 00:10:14,926 --> 00:10:16,566 Mr. Lebert. 130 00:10:16,646 --> 00:10:19,726 Do you have tickets again? for St. Pauli for me? 131 00:10:21,926 --> 00:10:24,086 I'll tell you everything I know. 132 00:10:28,926 --> 00:10:30,846 I want to come clean. 133 00:10:34,526 --> 00:10:36,526 What are you working on now? 134 00:10:36,606 --> 00:10:40,086 To an article about private space travel. 135 00:10:42,286 --> 00:10:44,206 This is much more important. 136 00:10:47,486 --> 00:10:49,766 What does it say? 137 00:10:49,846 --> 00:10:52,566 All my emails to the minister. 138 00:10:52,646 --> 00:10:59,166 With suggestions for legislative changes to stop fraud. 139 00:11:03,486 --> 00:11:06,486 But which story should I write? 140 00:11:06,566 --> 00:11:09,166 This is really big. 141 00:11:09,246 --> 00:11:12,126 There are also reports in other countries. 142 00:11:12,206 --> 00:11:14,566 It's a huge international issue. 143 00:11:14,646 --> 00:11:18,646 As far as I know, Syed is Akram one of the main suspects. 144 00:11:24,566 --> 00:11:27,406 Do you know what I see here? 145 00:11:28,926 --> 00:11:31,993 A retired woman that cannot let go. 146 00:11:33,286 --> 00:11:35,246 Who cannot find peace. 147 00:11:35,326 --> 00:11:37,086 This isn't about me. 148 00:11:37,446 --> 00:11:42,166 -How can an insignificant tax employee like Niels Jensen... 149 00:11:42,246 --> 00:11:44,286 be the only scapegoat here? 150 00:11:44,366 --> 00:11:48,406 Do you know journalist Fromm? He has written about this. 151 00:11:49,286 --> 00:11:54,206 At least you can read through it. -You are retired. 152 00:11:54,286 --> 00:11:56,806 You really need to let this go now. 153 00:12:03,326 --> 00:12:06,446 ...above the karman line, at an altitude of 100 kilometers. 154 00:12:06,526 --> 00:12:10,206 Reserve a seat will only cost you a quarter of a million. 155 00:12:10,286 --> 00:12:13,566 But do you want a real orbital flight. 156 00:12:13,646 --> 00:12:16,726 Then you will be in deeper pockets have to feel. 157 00:12:17,566 --> 00:12:19,286 We spoke to Syed Akram. 158 00:12:19,366 --> 00:12:22,246 A successful investor from Abu Dhabi. 159 00:12:22,326 --> 00:12:25,366 My wife loves the starry sky. 160 00:12:25,446 --> 00:12:30,166 What else can you give a woman? who has everything for money... 161 00:12:30,246 --> 00:12:33,566 why I booked a space trip 162 00:12:43,966 --> 00:12:45,926 Christoph Fromm journalist 163 00:12:53,566 --> 00:12:58,006 Excuse me, do you know where I am? can find Mr. Christoph Fromm? 164 00:12:58,086 --> 00:13:01,126 Yes. That way and then down. 165 00:13:01,206 --> 00:13:02,966 Thank you. -Don't mention it. 166 00:13:09,486 --> 00:13:12,126 Excuse me? Fromm? 167 00:13:12,206 --> 00:13:17,046 Yes. What do you want? -Liholt. Jesper Liholt from Copenhagen. 168 00:13:17,126 --> 00:13:20,246 I sent you a message. -Oh yes. 169 00:13:20,326 --> 00:13:22,646 You're also investigating cum-ex, right? 170 00:13:22,726 --> 00:13:27,086 Yes, although I don't know if cum-ex in Denmark really exists... 171 00:13:27,166 --> 00:13:32,166 or only in the imagination of a hysterical tax official. 172 00:13:32,246 --> 00:13:33,846 What can I do for you? 173 00:13:33,926 --> 00:13:39,886 There is a British investor who now lives in Abu Dhabi. One Syed Akram. 174 00:13:39,966 --> 00:13:42,446 Have you ever heard of him? -No. 175 00:13:42,526 --> 00:13:46,126 But you've already delved into it, I see. -Yes. 176 00:13:46,206 --> 00:13:47,846 Is it for me? 177 00:13:50,966 --> 00:13:52,726 Just come along. 178 00:13:56,166 --> 00:14:00,286 He's okay. He's doing research to cum-ex in Denmark. 179 00:14:00,366 --> 00:14:02,366 Hello. -Jesper Liholt. 180 00:14:02,446 --> 00:14:05,366 Do you happen to know a man named... 181 00:14:05,446 --> 00:14:07,766 Syed Akram? 182 00:14:11,966 --> 00:14:14,886 Yes, of course I know that one. 183 00:14:16,046 --> 00:14:19,913 I've met him several times. The last time in Abu Dhabi. 184 00:14:20,966 --> 00:14:26,006 He offered me the opportunity to invest in cum-ex deals in Denmark. 185 00:14:26,086 --> 00:14:28,326 That was two weeks ago. -What? 186 00:14:30,086 --> 00:14:33,326 Can you meet with Akram arrange it for me? 187 00:14:36,806 --> 00:14:40,286 If you are the rich heir of a steel magnate... 188 00:14:40,366 --> 00:14:42,686 who wants to invest 100 million. 189 00:14:42,766 --> 00:14:45,086 Then he wants to meet you right away. 190 00:14:49,886 --> 00:14:54,526 This is never going to work. -Just stay in your role, okay? 191 00:14:54,606 --> 00:14:57,006 What? -Stay in your role. 192 00:14:57,766 --> 00:15:03,326 He can see right through this. This is the craziest and stupidest idea ever. 193 00:15:03,406 --> 00:15:07,246 Would you follow me, please? -Showtime. 194 00:15:15,406 --> 00:15:17,766 No, I haven't. Certainly not. 195 00:15:17,846 --> 00:15:20,646 Do I have to listen to this nonsense every day? 196 00:15:20,726 --> 00:15:24,766 What am I paying you for? I'm flying tomorrow to Lima at 9:30 am. 197 00:15:24,846 --> 00:15:27,379 Does that get through to your dull brain? 198 00:15:29,886 --> 00:15:32,446 What an incredible loser. 199 00:15:38,206 --> 00:15:40,846 Who is that? -Who are you again? 200 00:15:42,766 --> 00:15:46,206 Syed Akram. I run an investment company... 201 00:15:46,286 --> 00:15:50,246 and would be happy to make you a lucrative offer. -Okay. Keep it short. 202 00:15:53,286 --> 00:15:54,966 With an investment of 50 million... 203 00:15:55,046 --> 00:15:58,926 I guarantee a 14 percent profit in six months. 204 00:15:59,006 --> 00:16:03,766 Why only 50? -You can of course also invest more. 205 00:16:04,606 --> 00:16:08,846 This is great. You'll see how amusing this is. 206 00:16:08,926 --> 00:16:12,246 He's going to take your portrait engrave on the ice cube. 207 00:16:13,846 --> 00:16:17,846 It costs a fortune, but it is worth every cent. Take him. 208 00:16:22,286 --> 00:16:27,646 Okay, now back to your offer. That profit comes from the state treasury, right? 209 00:16:33,246 --> 00:16:35,166 Are you from the police? 210 00:16:35,246 --> 00:16:37,326 Do we look like police? 211 00:16:39,406 --> 00:16:41,526 Police? -No. 212 00:16:42,246 --> 00:16:44,366 The profit comes from the state. Yes. 213 00:16:44,446 --> 00:16:47,686 These are countries where cum-ex deals are possible. 214 00:16:51,086 --> 00:16:52,486 Page 14. 215 00:16:56,286 --> 00:16:58,286 Oh. that's almost all of Europe. 216 00:16:58,366 --> 00:17:01,846 Austria. Belgium. Netherlands, France. Spain... 217 00:17:01,926 --> 00:17:08,933 I did earn a few crowns in Denmark. 218 00:17:10,766 --> 00:17:13,086 Sure. -Okay. 219 00:17:13,166 --> 00:17:15,886 Listen. that's all well and good. 220 00:17:16,326 --> 00:17:19,726 That you one or two million earned in Denmark... 221 00:17:19,806 --> 00:17:24,086 doesn't mean we trust you. -It's a bit more than that. 222 00:17:24,166 --> 00:17:25,606 Yes, it will. 223 00:17:27,086 --> 00:17:30,619 I don't like to brag. -Because it was next to nothing. 224 00:17:30,766 --> 00:17:33,646 It was just over 9 billion. In total. 225 00:17:39,686 --> 00:17:42,046 Just look. Fantastic. 226 00:17:46,206 --> 00:17:48,486 And just as easy... 227 00:17:49,326 --> 00:17:52,606 you slowly disappear again. 228 00:18:04,006 --> 00:18:06,166 Excuse me, gentlemen. 229 00:18:28,006 --> 00:18:31,326 Are you coming to invite me? for a space trip? 230 00:18:31,406 --> 00:18:35,846 I might use that USB stick can still use. 231 00:18:37,446 --> 00:18:39,006 Why? 232 00:18:48,846 --> 00:18:53,326 Cum-ex is more than a Danish problem. It happens all over Europe. 233 00:18:53,406 --> 00:18:56,166 I can't go into details now. 234 00:18:56,246 --> 00:19:00,886 But Fromm and I are European setting up a journalist network. 235 00:19:00,966 --> 00:19:05,206 We want the news in several countries at the same time... 236 00:19:05,286 --> 00:19:06,646 like one big hit. 237 00:19:06,726 --> 00:19:12,326 We even have someone in Germany who is willing to confess everything. 238 00:19:18,126 --> 00:19:22,646 Do you know how much damage? this has inflicted on Denmark? 239 00:19:25,886 --> 00:19:27,606 More than I thought? 240 00:19:32,126 --> 00:19:35,446 Let's talk here about a lot of millions? 241 00:19:37,326 --> 00:19:40,086 It concerns several billions. 242 00:19:50,326 --> 00:19:53,246 Three, two, one... 243 00:19:53,326 --> 00:19:56,646 Happy New Year. 244 00:20:29,006 --> 00:20:31,686 You too. Did you have a good end of the year? 245 00:20:31,766 --> 00:20:35,206 Absolute. You know Who else had a good end of the year? 246 00:20:35,286 --> 00:20:38,566 No. Who? -Kargus Bank. 247 00:20:38,646 --> 00:20:41,326 Binder has not recovered anything. -What? 248 00:20:41,406 --> 00:20:44,966 Since New Year's all claims before 2009 have expired. 249 00:20:45,046 --> 00:20:49,446 I just have a colleague in Hamburg spoken. He told me. 250 00:20:49,526 --> 00:20:52,566 44 million euros from taxpayers. 251 00:20:57,206 --> 00:20:59,246 Ministry of Finance 252 00:20:59,326 --> 00:21:02,406 I honestly don't see the problem. 253 00:21:02,486 --> 00:21:05,046 We've been considering a chargeback... 254 00:21:05,126 --> 00:21:07,246 and then abandoned it. 255 00:21:07,326 --> 00:21:10,966 An unspectacular procedure which is very common. 256 00:21:11,046 --> 00:21:13,926 You know that other thing? affected tax offices... 257 00:21:14,006 --> 00:21:16,566 Have you successfully recovered money? 258 00:21:16,646 --> 00:21:20,366 What other tax offices do is not my problem. 259 00:21:20,446 --> 00:21:24,286 We couldn't prove it that the tax had not been paid. 260 00:21:24,366 --> 00:21:28,366 But the burden of proof is on Kargus. Not with you. You knew that. 261 00:21:28,446 --> 00:21:32,966 It had the bank's survival threatened. with serious consequences. 262 00:21:33,046 --> 00:21:37,766 That is the task of banking supervision. You could suspend the execution. 263 00:21:41,406 --> 00:21:44,246 What are you planning? for the 2010 tax year? 264 00:21:44,326 --> 00:21:46,326 That's 46 million. 265 00:21:46,406 --> 00:21:49,926 I don't see any change in the situation. 266 00:21:53,126 --> 00:21:56,406 Then I dedicate you to recover the money. 267 00:21:56,486 --> 00:21:58,406 No, I don't. 268 00:21:59,846 --> 00:22:03,366 I'll point it out to you that you have to carry out orders. 269 00:22:03,446 --> 00:22:07,646 If I tell you to do something, you do it. Is that clear? 270 00:22:09,326 --> 00:22:11,926 Then I'll look at it again. 271 00:22:12,006 --> 00:22:16,139 You're not going to watch anything anymore. You claim it back. period. 272 00:22:20,046 --> 00:22:22,846 I'm being pulled from all sides. 273 00:22:23,406 --> 00:22:26,206 Do you have any idea? how much pressure am I under? 274 00:22:26,286 --> 00:22:30,126 I try to please everyone and everyone complains. 275 00:22:30,206 --> 00:22:33,606 My heart stops. Over and over again. Just like that. 276 00:22:33,686 --> 00:22:35,606 But no one cares. 277 00:22:35,686 --> 00:22:39,446 You are no longer seen as a human being here. But as a machine. 278 00:22:39,526 --> 00:22:43,206 Fine. Then I demand that stupid 46 million back. 279 00:22:51,366 --> 00:22:53,766 Do you think she'll do it? 280 00:22:53,846 --> 00:22:56,246 I wouldn't bet on it. 281 00:22:57,246 --> 00:23:00,446 How do you explain her complete turnaround? 282 00:23:00,526 --> 00:23:02,486 What's behind that? 283 00:23:03,646 --> 00:23:07,246 The question is rather: who is behind that? 284 00:23:15,046 --> 00:23:18,086 Do you know what I did for Hamburg? 285 00:23:18,166 --> 00:23:21,406 Naturally. You saved a logistics company. 286 00:23:21,486 --> 00:23:24,326 Sponsors the State Opera and local artists... 287 00:23:24,406 --> 00:23:27,726 and co-finances the Elbphilharmonie. 288 00:23:27,806 --> 00:23:31,446 Have you ever been there? -Berlin Philharmonic. 289 00:23:33,046 --> 00:23:35,446 The Mahler Concerto? -Yes. 290 00:23:36,926 --> 00:23:39,046 What did you think? 291 00:23:39,126 --> 00:23:41,086 The Fifth was inimitable. 292 00:23:41,166 --> 00:23:44,686 But the Third went too slow to my taste. 293 00:23:46,446 --> 00:23:51,006 Tens of thousands of these hang in the Elbphilharmonie. 294 00:23:51,086 --> 00:23:52,926 Each piece cut by hand. 295 00:23:53,006 --> 00:23:56,446 Calculated by a Japanese acoustics expert. 296 00:23:56,526 --> 00:24:01,006 In the middle of the harbour. With ship propellers and fog horns. 297 00:24:01,086 --> 00:24:04,286 And inside: absolute silence. 298 00:24:05,486 --> 00:24:09,366 No sound goes out and no sound comes in. 299 00:24:10,766 --> 00:24:12,966 Do you write? 300 00:24:13,046 --> 00:24:16,566 Oh well, just a diary. For 32 years. 301 00:24:16,646 --> 00:24:18,566 Every night I sit here... 302 00:24:18,646 --> 00:24:22,806 and report on the past day. 303 00:24:22,886 --> 00:24:25,046 With iron discipline. 304 00:24:28,526 --> 00:24:30,166 All from me. 305 00:24:30,246 --> 00:24:35,246 Parties, receptions. dinners and regular meetings. 306 00:24:36,206 --> 00:24:38,326 What one experiences as a director... 307 00:24:38,406 --> 00:24:41,206 of one of the oldest banks in the country. 308 00:24:44,086 --> 00:24:45,726 How practical. 309 00:24:50,886 --> 00:24:52,686 Over my dead body. 310 00:24:54,246 --> 00:24:58,526 You're not allowed to do that, and you know it. -I know what I can and cannot do. 311 00:24:58,606 --> 00:25:03,086 And in this case I am absolutely certain that I can do this. 312 00:25:04,126 --> 00:25:06,446 Martin, can you come over for a moment? 313 00:25:07,126 --> 00:25:08,726 They also come along. 314 00:25:10,886 --> 00:25:14,966 ...we managed to get the key witness to get in front of the camera. 315 00:25:15,046 --> 00:25:19,766 I realize now that I was part of an international crime network. 316 00:25:19,846 --> 00:25:22,886 I feel deep shame and will do what I can... 317 00:25:22,966 --> 00:25:27,166 to help these immoral ones solve crimes. 318 00:25:27,246 --> 00:25:30,406 Many more countries suffered damage... 319 00:25:30,486 --> 00:25:34,766 at taxpayers' expense. Like France. Italy and England. 320 00:25:34,846 --> 00:25:38,486 Concurrent publications in twelve countries... 321 00:25:38,566 --> 00:25:42,006 first estimate of losses: 55.2 billion euros... 322 00:25:42,086 --> 00:25:45,126 politicians call out to extensive research... 323 00:25:45,206 --> 00:25:46,966 38 reporters... 324 00:25:47,046 --> 00:25:49,006 19 newsrooms... 325 00:25:49,086 --> 00:25:51,246 12 countries... 326 00:25:51,326 --> 00:25:54,393 1,800,000 pages 327 00:25:58,566 --> 00:26:03,566 And how does this feel now? -All the newspapers are writing about it now. 328 00:26:04,286 --> 00:26:07,846 It feels good, but not that good as I expected. 329 00:26:07,926 --> 00:26:11,246 But the truth is anyway came to light. 330 00:26:11,326 --> 00:26:15,286 Yes, that's nice. -Would you like a glass of prosecco? 331 00:26:15,366 --> 00:26:17,966 No. Thank you. It's too early for that. 332 00:26:20,166 --> 00:26:22,886 I mean that. -Okay. 333 00:26:39,006 --> 00:26:41,446 Have you moved here? 334 00:26:41,966 --> 00:26:43,766 I don't like sitting at home. 335 00:26:45,606 --> 00:26:49,726 Thank you for coming, Olga. Let's sit down. 336 00:27:02,686 --> 00:27:07,246 ...you might think so that I have a bad conscience 337 00:27:07,606 --> 00:27:11,406 because I received that letter from Niels given to the court. 338 00:27:12,526 --> 00:27:14,246 But I don't have that. 339 00:27:15,446 --> 00:27:17,126 No way. 340 00:27:18,486 --> 00:27:21,326 And I would do it again. 341 00:27:22,286 --> 00:27:25,219 But that I have you separated from each other. 342 00:27:25,846 --> 00:27:28,006 That makes me feel terrible. 343 00:27:34,486 --> 00:27:35,886 You know... 344 00:27:36,806 --> 00:27:39,886 Niels is not unhappy in prison. 345 00:27:39,966 --> 00:27:45,486 He was always so desperate and restless and dejected. 346 00:27:46,606 --> 00:27:52,206 He just found something there that he had lost for a long time. 347 00:27:54,606 --> 00:27:56,286 What had he lost? 348 00:27:58,286 --> 00:27:59,846 His humor. 349 00:28:07,646 --> 00:28:10,806 So you'd rather not have me visit him? 350 00:28:15,326 --> 00:28:19,526 The prison freed Niels. Okay? 351 00:28:22,006 --> 00:28:25,326 But what can set you free, big boss Brogger? 352 00:28:32,366 --> 00:28:36,086 How dare you even come here, after that interview? 353 00:28:36,166 --> 00:28:39,366 You have assured us that everything was legal. 354 00:28:39,446 --> 00:28:43,206 The bank could take the fall but just avoided. And now you say: 355 00:28:43,286 --> 00:28:46,886 Why are you sticking your heads up? not in the noose again? 356 00:28:48,926 --> 00:28:51,326 Cooperation is better in the long run. 357 00:28:51,406 --> 00:28:54,726 Do you have Birkwald's ass? Not slick enough yet? 358 00:28:56,246 --> 00:28:58,446 I never want to see you here again. 359 00:29:05,726 --> 00:29:07,606 You know where the exit is. 360 00:29:14,726 --> 00:29:18,526 Yes? -The Ministry of Finance called. 361 00:29:18,606 --> 00:29:22,046 The appointment with Olaf Scholz' State Secretary about cum-ex... 362 00:29:22,126 --> 00:29:25,246 is fixed for tomorrow at 5 p.m. -Thank you. 363 00:29:25,966 --> 00:29:27,446 Anything else? 364 00:29:29,286 --> 00:29:32,846 Olaf Scholz? The Olaf Scholz. The Minister of Finance? 365 00:29:32,926 --> 00:29:35,686 Would he have invested in it too? 366 00:29:35,766 --> 00:29:39,246 I think his name is not yet surfaced. 367 00:29:39,326 --> 00:29:41,086 No? -No. 368 00:29:41,886 --> 00:29:45,286 Don't look like that. Personally, I hate Olaf Scholz. 369 00:29:45,366 --> 00:29:48,966 I was at that G20 summit. I haven't had to use it since. 370 00:29:49,166 --> 00:29:53,806 Is it true that you have Albert's diaries? confiscated? 371 00:29:53,886 --> 00:29:56,246 Maybe there is something about Scholz in there. 372 00:29:56,326 --> 00:29:59,046 Those diaries are now being typed up. 373 00:29:59,126 --> 00:30:02,059 Terrible cock's feet. That could take months. 374 00:30:04,726 --> 00:30:08,486 But they have already been digitized? -Yes, of course. 375 00:30:13,406 --> 00:30:17,326 No, no. No way. No way. 376 00:30:17,406 --> 00:30:19,806 Just for background information. 377 00:30:19,886 --> 00:30:23,886 Only he and I have access. It could cost me my job. 378 00:30:29,806 --> 00:30:33,846 It would be great if politicians were involved. 379 00:30:57,726 --> 00:30:59,246 August 23. 380 00:30:59,326 --> 00:31:01,966 Today a telephone conversation with Huber... 381 00:31:02,046 --> 00:31:05,086 about a possible extension of our trade. 382 00:31:05,166 --> 00:31:08,486 September 14. New appointment with Financial Supervision. 383 00:31:08,566 --> 00:31:10,166 Positive mood. 384 00:31:10,246 --> 00:31:14,126 September 7. The idea of a promoter club is on the table. 385 00:31:14,206 --> 00:31:16,046 September 7. I have the impression 386 00:31:16,126 --> 00:31:19,286 that Scholz himself remembers our previous meeting. 387 00:31:19,366 --> 00:31:23,099 He listens carefully to our explanation and asks questions. 388 00:31:23,406 --> 00:31:25,726 Feel free to approach me, he says. 389 00:31:25,806 --> 00:31:28,846 And he also assumes that that will happen. 390 00:31:28,926 --> 00:31:33,006 November 9. We talk briefly about the election results in the US. 391 00:31:33,086 --> 00:31:37,326 He says: Send the letter to Finance, without comment. 392 00:31:40,526 --> 00:31:44,526 This must be announced. You can't do that. 393 00:31:46,606 --> 00:31:50,806 You can't get more people provide access to the diaries. 394 00:31:50,886 --> 00:31:53,086 So that you stay out of harm's way? 395 00:31:57,326 --> 00:32:00,366 To our surprise we got a part-timer. 396 00:32:00,446 --> 00:32:04,846 New, 35, summa cum laude, young. Ambitious, blah blah blah. 397 00:32:04,926 --> 00:32:09,059 When I show this to him. He passes them on to Birkwald. 398 00:32:09,286 --> 00:32:10,953 Mrs. Birkwald, may I? 399 00:32:12,486 --> 00:32:16,006 I'm sorry already annoying in my first week. 400 00:32:16,086 --> 00:32:19,046 But I have something discovered to be of national importance. 401 00:32:19,126 --> 00:32:20,526 Yes. okay. 402 00:32:23,326 --> 00:32:26,366 When Scholz was still mayor was from Hamburg. 403 00:32:26,446 --> 00:32:30,766 He discussed cum-ex with Albert when we were already investigating Kargus. 404 00:32:30,846 --> 00:32:35,566 No idea whether this led to Binder's turnaround has led, but it is reason enough... 405 00:32:35,646 --> 00:32:39,206 for political interference suspected in tax matters. 406 00:32:39,286 --> 00:32:40,766 Certainly. And now? 407 00:32:42,606 --> 00:32:45,726 House search at the Hamburg tax office. 408 00:32:45,806 --> 00:32:49,366 And with the two SPD politicians who linked Albert to Scholz. 409 00:32:49,446 --> 00:32:54,726 Bad idea. If they put us on the smallest catch a mistake. we have been there. 410 00:32:55,206 --> 00:32:58,286 We need to speak to someone who gave us all the details... 411 00:32:58,366 --> 00:33:01,406 of the deals between 2009 and 2011. 412 00:33:01,486 --> 00:33:03,966 Someone who doesn't dare to lie to us. 413 00:33:04,046 --> 00:33:06,246 Because this is already his second chance. 414 00:33:25,206 --> 00:33:26,806 Mr. Baum. Good morning. 415 00:33:26,886 --> 00:33:29,526 We have an appointment with Birkwald. 416 00:33:29,606 --> 00:33:31,886 This means a lot to me. 417 00:33:31,966 --> 00:33:36,766 But we're not there yet. You really need to show convincing repentance. 418 00:33:36,846 --> 00:33:39,846 It must seem credible. Authentic. 419 00:33:39,926 --> 00:33:42,206 Understood? -Yes, of course. 420 00:33:43,166 --> 00:33:44,606 Thank you. 421 00:33:46,206 --> 00:33:49,366 I was really at my wits end. It was... 422 00:33:50,246 --> 00:33:54,006 like I was in a tunnel. I couldn't see any light anywhere anymore. 423 00:33:56,046 --> 00:33:59,766 You don't need any tragedy here to perform, Mr. Lebert. 424 00:33:59,846 --> 00:34:03,046 But if it happens again. Then I'm done with you. 425 00:34:03,126 --> 00:34:04,806 Is that clear? 426 00:34:06,006 --> 00:34:08,566 I won't disappoint you. -Nice. 427 00:34:09,406 --> 00:34:13,966 And stay away from Bernd Hausner. -Yes, I understand. 428 00:34:15,446 --> 00:34:18,566 We still have to wind up our company. 429 00:34:19,606 --> 00:34:23,326 Kargus has us sued for 530 million. 430 00:34:24,926 --> 00:34:28,406 I am now concerned about your Kargus deals from 2009 to 2011. 431 00:34:28,486 --> 00:34:30,446 Prepare for that. 432 00:34:47,206 --> 00:34:48,926 Authentic enough? 433 00:35:00,366 --> 00:35:03,846 The questionable involvement by Olaf Scholz... 434 00:35:03,926 --> 00:35:07,659 recent revelations about his possible involvement... 435 00:35:11,406 --> 00:35:12,846 invasion of Hamburg canceled 436 00:35:12,926 --> 00:35:16,806 Has the search been cancelled? How is it possible. 437 00:35:19,606 --> 00:35:21,446 The person calling you... 438 00:35:26,286 --> 00:35:29,406 Everything was prepared. Do you know how much time that takes? 439 00:35:29,486 --> 00:35:33,806 Mrs. Birkwald, there was insufficient reason for suspicion. 440 00:35:33,886 --> 00:35:35,606 And something like that leaks out. 441 00:35:35,686 --> 00:35:42,086 You gave orders behind my back to search your home. I don't like that. 442 00:35:42,166 --> 00:35:46,126 After our raid on Kargus, I gave Binder from the Hamburg office commissioned... 443 00:35:46,206 --> 00:35:49,286 about 2009 44 million to be recovered... 444 00:35:49,366 --> 00:35:52,126 and 46 million in 2010. 445 00:35:52,206 --> 00:35:55,126 She assured me that she would definitely do that. 446 00:35:55,206 --> 00:35:58,566 I discovered early this year that she didn't do that. 447 00:35:58,646 --> 00:36:02,566 In Berlin she fights for that bank like a lioness to her cub. 448 00:36:02,646 --> 00:36:07,086 Then I got suspicious. In Albert's house I found diaries. 449 00:36:07,166 --> 00:36:12,806 This shows that Binder is indeed was on Kargus's doorstep. 450 00:36:12,886 --> 00:36:15,726 They begged her to refrain. 451 00:36:15,806 --> 00:36:18,846 Because the bank is different would go bankrupt. Which is nonsense. 452 00:36:18,926 --> 00:36:21,926 Albert's private assets already amounts to 600 million. 453 00:36:22,086 --> 00:36:26,006 But Mrs. Binder gets scared or gets pity or whatever... 454 00:36:26,086 --> 00:36:28,606 and do not let the command be handed over. 455 00:36:30,246 --> 00:36:33,686 Then Albert goes to an SPD veteran. 456 00:36:33,766 --> 00:36:39,446 Who has an appointment with the mayor of Hamburg, then Olaf Scholz. 457 00:36:39,526 --> 00:36:41,766 So Scholz receives a banker... 458 00:36:41,846 --> 00:36:44,646 against whose bank a major investigation is underway. 459 00:36:44,726 --> 00:36:48,646 Which actually isn't really can go through the bracket. 460 00:36:48,726 --> 00:36:50,886 'September 7, 2016. I have the impression 461 00:36:50,966 --> 00:36:53,606 that Scholz remembers our meeting. 462 00:36:53,686 --> 00:36:56,406 He listens carefully and asks questions. 463 00:36:56,486 --> 00:37:00,046 Feel free to approach me, he says, and he assumes that too. 464 00:37:00,126 --> 00:37:05,259 Of course he doesn't promise anything. We have no expectations, let alone demands.' 465 00:37:05,446 --> 00:37:07,806 Yes, and? Nothing to complain about. 466 00:37:07,886 --> 00:37:11,646 The bank explains in a letter why the charges are incorrect. 467 00:37:11,726 --> 00:37:16,086 That Kargus is innocent and that their existence is at risk. 468 00:37:16,166 --> 00:37:20,566 On October 26, Albert another appointment with Scholz. 469 00:37:20,646 --> 00:37:24,126 Where Albert him hands over his defense letter. 470 00:37:24,206 --> 00:37:28,366 'In a private conversation I tell you how we see the issue. 471 00:37:28,446 --> 00:37:32,966 He listens carefully and asks questions. But keeps a low profile. 472 00:37:33,046 --> 00:37:37,846 I won't leave it at that because of him to embarrass me.' 473 00:37:37,926 --> 00:37:39,526 I don't see a problem. 474 00:37:41,446 --> 00:37:47,686 That a banker is a mayor want to get involved in a tax issue... 475 00:37:47,766 --> 00:37:51,246 is already staggering. But the real problem is this. 476 00:37:51,326 --> 00:37:55,446 On November 9, Scholz called Albert at home. 477 00:37:55,526 --> 00:37:58,926 'We talk briefly about the election results in the US. 478 00:37:59,006 --> 00:38:00,406 Then he says: 479 00:38:00,486 --> 00:38:05,526 Send the letter to the senator at Finance, without comment. 480 00:38:05,606 --> 00:38:08,006 I'll leave it at that and take care of it.' 481 00:38:09,526 --> 00:38:11,646 So without comment. 482 00:38:11,726 --> 00:38:15,006 So Scholz had the tax office already spoken. 483 00:38:15,086 --> 00:38:17,326 So people already knew about it. 484 00:38:17,406 --> 00:38:21,086 That's possible. It could also have gone differently. 485 00:38:22,486 --> 00:38:27,326 But you don't see a connection with Binder's sudden turnaround. 486 00:38:28,126 --> 00:38:31,366 Where do you actually want to go? A vast conspiracy? 487 00:38:31,446 --> 00:38:34,686 Dark forces? The military-industrial complex? 488 00:38:34,766 --> 00:38:36,406 It's much more banal. 489 00:38:39,526 --> 00:38:44,846 We elect politicians to protect us against things like the power of banks. 490 00:38:44,926 --> 00:38:46,886 That's their job. 491 00:38:48,006 --> 00:38:51,606 In a democracy there is no one else to protect us. 492 00:38:51,686 --> 00:38:53,926 If politicians don't do that. 493 00:38:54,006 --> 00:38:57,446 Then we have been extradited at the mercy of the banks. 494 00:38:57,526 --> 00:39:01,566 There is no such thing as a swamp that we have to drain. 495 00:39:01,646 --> 00:39:03,726 No corrupt system. 496 00:39:05,046 --> 00:39:09,966 But there is a politician who could not cope with this task. 497 00:39:13,086 --> 00:39:18,526 Mrs Birkwald, I conclude that you react very emotionally. 498 00:39:18,606 --> 00:39:21,726 As your manager it's my job to hold you off... 499 00:39:21,806 --> 00:39:23,846 of personal vendettas. 500 00:39:23,926 --> 00:39:28,926 We are in business with a cool head. 501 00:39:29,726 --> 00:39:33,606 Not with every fart to carry out house searches. 502 00:39:33,686 --> 00:39:39,246 Promise me you will in the next few days take it a bit easier. 503 00:39:40,406 --> 00:39:45,446 I can only promise you one thing. Completely independent of my emotional state. 504 00:39:46,286 --> 00:39:49,846 I don't accept this. I'll take it to the minister. 505 00:39:51,406 --> 00:39:53,766 I'm going to do a house search in Hamburg. 506 00:40:16,086 --> 00:40:18,046 Niels Jensen? -Yes. 507 00:40:19,046 --> 00:40:20,726 Good to see you again. 508 00:40:22,446 --> 00:40:24,246 Do you still remember me? 509 00:40:24,646 --> 00:40:27,206 From the Danish Banking Association. 510 00:40:27,286 --> 00:40:28,926 Precisely. 511 00:40:29,006 --> 00:40:31,446 Shall we sit down? -Yes. 512 00:40:41,406 --> 00:40:45,446 How are you doing? -I'm doing very well, thank you. 513 00:40:49,206 --> 00:40:51,566 I pulled out all the stops... 514 00:40:51,646 --> 00:40:55,326 to be independent to set up an inquiry committee. 515 00:40:55,406 --> 00:40:58,846 He's watching too to the responsible politicians. 516 00:40:59,606 --> 00:41:03,846 Finally the Public Prosecution Service has an investigation into Akram. 517 00:41:03,926 --> 00:41:09,686 I think it's completely outrageous that such a large, central investor... 518 00:41:09,766 --> 00:41:14,286 can lie in the sun while you're in here. 519 00:41:17,166 --> 00:41:21,606 We saw him as a relative unimportant employee. 520 00:41:21,686 --> 00:41:24,926 I have a few times had a beer with him. 521 00:41:25,006 --> 00:41:29,566 Inger gave him a ride into town and showed him Amalienborg. 522 00:41:30,726 --> 00:41:34,366 So the head of the dividend tax refund... 523 00:41:34,446 --> 00:41:39,726 Akram has a tourist tour given by Copenhagen? 524 00:41:40,446 --> 00:41:42,286 In her own car? 525 00:41:42,366 --> 00:41:46,126 No, only to Amalienborg Palace. 526 00:41:51,286 --> 00:41:52,846 You know... 527 00:41:54,966 --> 00:41:56,846 The citizens of our country... 528 00:41:57,846 --> 00:42:02,126 experience as is known an ever-widening gap with politicians. 529 00:42:02,206 --> 00:42:08,366 So we have to go with a simple one and a clear story. 530 00:42:14,446 --> 00:42:17,206 Moreover, it is so... 531 00:42:17,286 --> 00:42:21,326 that as people losing confidence in the banks... 532 00:42:21,406 --> 00:42:26,006 instability and chaos arises, so that we lose all certainty. 533 00:42:28,326 --> 00:42:32,366 What is your relationship like with your former boss? 534 00:42:35,446 --> 00:42:39,646 To be honest, I don't know. 535 00:42:40,566 --> 00:42:44,206 Did she ever visit you here? 536 00:42:47,326 --> 00:42:48,806 No. never. 537 00:42:48,886 --> 00:42:53,086 If she hadn't come with that letter. Are you still walking around freely? 538 00:42:55,166 --> 00:42:59,166 The committee will come to you interrogate soon. 539 00:43:01,926 --> 00:43:04,566 I have every confidence... 540 00:43:06,406 --> 00:43:12,006 that you will help them where you can to expose the truth. 541 00:43:24,566 --> 00:43:26,166 What is the score? 542 00:43:27,126 --> 00:43:28,846 You tell me that. 543 00:43:29,246 --> 00:43:31,486 Everything will be announced tomorrow. 544 00:43:32,446 --> 00:43:35,766 Front page news. I wanted to let you know that. 545 00:43:35,846 --> 00:43:39,766 Okay. I covered my tracks. 546 00:43:41,006 --> 00:43:43,646 It's going to cause quite a stir, right? 547 00:43:43,726 --> 00:43:45,766 You can take poison on that. 548 00:43:48,526 --> 00:43:51,059 Will Scholz get away with this unscathed? 549 00:43:53,806 --> 00:43:55,286 Impossible. 550 00:43:58,046 --> 00:44:00,526 Unless he has Teflon skin. 551 00:44:04,046 --> 00:44:06,486 This is the end of his career.