Next scandal involving “Effenberg Bank’: connections to the red light district become public. Volks- und Raiffeisenbank Bad Salzungen Schmalkalden is accused of dubious real estate and loan transactions.
Bank now apparently has to give an account of incoming and outgoing money on a daily basis. Scandal bank has apparently terminated ex-professional footballer Stefan Effenberg for resisting resisting the bank's takeover. The revelation comes at an inopportune time. The scandal bank probably needs to be saved.