German soccer bomb suspect wanted to profit on stocks: prosecutor: HumSub.TV
German soccer bomb suspect wanted to profit on stocks: prosecutor: HumSub.TV: German police arrested a man on Friday suspected of detonating three bombs that targeted the Borussia Dortmund soccer team bus in the hope of sending the club’s shares plummeting and making a profit on an investment, prosecutors said.
In a statement, the federal chief prosecutor said the 28-year old man, a dual German and Russian national identified as Sergei V., had bought options on Borussia Dortmund’s stock before the attack.
The team bus was heading to the club’s stadium for a Champions League match against AS Monaco on April 11 when the explosions went off, wounding Spanish defender Marc Bartra and delaying the match by a day.
Prosecutors last week expressed doubts about the authenticity of three letters left at the site of the attack that suggested that militants had carried it out.
The prosecutor’s office said the suspect had bought 15,000 put options – contracts giving him the right to sell Borussia Dortmund’s shares at a pre-determined price – on the day of the attack, using a consumer loan he had signed a week earlier.
“If the shares of Borussia Dortmund had fallen massively, the profit would have been several times the initial investment,” it said, adding that such a slump could have resulted if any players had been killed or seriously injured.
In fact, the shares rose 1.8 percent on April 12, the day after the attack, and are up about 2 percent so far this year.
Police detained the suspect in the southwestern city of Tuebingen. He faces charges of attempted murder, inflicting serious bodily harm and causing an explosion, the prosecutor’s office said.
It said he had booked into the same hotel where the Dortmund team was staying, and the hotel’s Internet IP address was used in the transaction to buy the share options.
Der Spiegel magazine reported that the suspect received weapons training while completing then-mandatory service in the German military from April to December 2008.
It said he was identified following a tip from an informant in the financial sector, and a notice of possible money laundering by comdirect bank AG, a unit of Commerzbank AG.
Security is a hot issue in campaigning for Germany’s federal election on Sept. 24, in which Chancellor Angela Merkel is seeking a fourth term.
Borussia Dortmund’s Chief Executive Hans-Joachim Watzke told the Sueddeutsche Zeitung newspaper he was talking to security experts including former staff of Germany’s GSG9 special operations police unit with a view to creating a security unit.
“We will spend a lot of money to improve the security situation of our team,” said .
He added that BVB was also considering whether it needed to introduce measures to restrict trading in its shares.
German soccer bomb suspect wanted to profit on stocks: prosecutor: HumSub.TV. German soccer bomb suspect wanted to profit on stocks: prosecutor: HumSub.TV. German soccer bomb suspect wanted to profit on stocks: prosecutor: HumSub.TV
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Introduction
HumSub TV is Pakistan’s leading forwarding-thinking, edutainment channel, aimed at promoting and upholding peace, interfaith harmony and social responsibility within Pakistan through informative and insightful programmes and documentaries; analytical interviews on issues pertaining to social, economic, legal and environmental set-up; dedicated shows to canvass and thereby promote the culture and heritage of Pakistan and in-depth coverage of national and international news.
HumSub TV is the first channel and thus a pioneer within its own right that mainly focuses on emphasising the “Rights” as well as the “Obligations” of the citizens in light of the Constitution of Pakistan, numerous International declarations signed by the Government and various laws that have been promulgated over the years but are not in the knowledge of the common citizen.
HumSub TV also aims to enter into bilateral agreements with other countries to promote not only their culture, heritage and tourism, but also their educational and medical facilities.
Following the successful launch of HumSub TV’s head office in Blue Area, Islamabad; the bureau office has been set up in Lahore.
Vision
To project positive image building of Pakistan and inculcate nationalism, as per the vision of the founder of the nation, Quaid-e-Azam Mohammad Ali Jinnah.
Mission
HumSub TV is resolute about the promotion of a pluralistic, inclusive and egalitarian society in Pakistan where all citizens are allowed to contribute to promote interfaith harmony, peace and collective wisdom in the social, political and economic development of Pakistan and to encourage critical and lateral thinking in the society. HumSub TV strives to make a positive contribution to this end.
HumSub TV’s Theme
HumSub TV, Pakistan’s first EDUTAINMENT Channel, has been set up for not only those audience residing in Pakistan or overseas but the international community on the whole. The vision of the channel is to project positive image building of Pakistan and inculcate nationalism as per the vision of the founder of the nation.
HumSub TV strives to make a positive contribution to this end by promoting pluralism, inclusiveness and egality in Pakistan and give voice to the suppressed. It endeavors to act as a positive catalyst for social change and Pakistani nationalism. It envisions providing a platform for airing critical and lateral thinking and collective wisdom by inviting positive minded intellectuals and opinion forming individuals for the promotion of interfaith harmony and peace in the social, political and economic development of Pakistan.
Whereas the channel airs upbeat edutainment programmes, it, nonetheless, has the primary objective of countering negative anti-Pakistan regional and international propaganda as well as advancing fundamental rights as encapsulated in the Constitution of Pakistan.
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