The Limited Times

Now you can see non-English news...

Fraud process for money smuggling: Former MDR entertainment boss admits allegations

2022-09-09T12:19:01.189Z


Udo Foht said he had deceived people and wanted to apologize. The former MDR entertainment boss has made a confession in court – more than ten years after allegations of fraud became known.


Enlarge image

Udo Foht before the start of negotiations in Leipzig (picture from September 1)

Photo: Jan Woitas / dpa

The former MDR entertainment boss Udo Foht admitted a number of allegations in the fraud process involving money smuggling.

His lawyer read a statement in the Leipzig district court.

The 71-year-old confirmed that he had repeatedly asked various music managers and TV producers for loans.

He needed the money to be able to implement entertainment programs on MDR.

He knew that he would not be able to repay the mostly five-digit sums on time.

He had deceived people and wanted to apologize.

"I was obsessed with my work"

"I no longer understand myself today, I was obsessed with my work," said Foht, as quoted by the MDR.

After eleven years, he felt the need to explain himself.

The presumption of innocence applies to Foht until the final conclusion of the proceedings.

The event was a long time ago, the allegations became known in 2011.

Prosecutors had accused the once powerful television manager of fraud, breach of trust, bribery and tax evasion.

The court had proposed a so-called understanding right at the beginning of the process.

The court offered a maximum sentence of one year and nine months for a confession, suspended on probation.

The proceedings on the allegations of breach of trust and tax evasion could be temporarily suspended.

Foht said he accepted the proposal after "careful consideration."

ani/dpa

Source: spiegel

All business articles on 2022-09-09

You may like

News/Politics 2024-03-25T17:44:35.720Z
News/Politics 2024-03-15T14:35:36.096Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.