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Alfred Herrhausen
German banker

Alfred Herrhausen

The basics

Quick Facts

Intro
German banker
Places
Work field
Gender
Male
Place of birth
Essen
Place of death
Bad Homburg vor der Höhe
The details (from wikipedia)

Biography

Alfred Herrhausen (30 January 1930, Essen – 30 November 1989) was a German banker and Chairman of Deutsche Bank. From 1971 onwards he was a member of the bank's Management Board. He was a member of the Steering Committee of the Bilderberg Group. He was an advisor to Helmut Kohl and a proponent of a unified European economy, as well as being an influential figure in shaping the policies towards developing nations.

Assassination

Herrhausen fell victim to a sophisticated roadside bomb shortly after leaving his home in Bad Homburg on 30 November 1989. He was being chauffeured to work in his armoured Mercedes-Benz, with bodyguards in both a lead vehicle and another following behind. The 7 kg bomb was hidden in a bag on a bicycle parked next to the road that the assassins knew Herrhausen would be traveling in his three-car convoy. The bomb was detonated when Herrhausen's car interrupted a beam of infrared light as it passed the bicycle. The bomb targeted the most vulnerable area of Herrhausen's car – the door where he was sitting – and required split-second timing to overcome the car's special armour plating. The bomb utilized a Misznay–Schardin mechanism. A copper plate, placed between the explosive and the target, was deformed and projected by the force of the explosion. It is unlikely that this improvised explosive device had the precise engineering required to form the liner into a more effective slug or "carrot" shape (as in a shaped charge or an explosively formed penetrator (EFP)). The detonation resulted in a mass of copper being projected toward the car at a speed of nearly two kilometers per second, effectively penetrating the armoured Mercedes. Herrhausen's legs were severed and he bled to death.

No one has ever been charged with the murder. For a long time, the German federal prosecutor's office listed Andrea Klump and Christoph Seidler of the Red Army Faction as the only suspects. The Federal Criminal Police Office (Germany) presented a chief witness, Siegfried Nonne, who later retracted his statements in which he claimed to have sheltered four terrorists in his home. His half-brother Hugo Föller furthermore declared that no other persons had been at the flat at the time. On 1 July 1992 German television broadcast Nonne's explanations of how he was coached and threatened by the Verfassungsschutz, the German internal intelligence agency, to become the main witness. In 2004 the federal prosecutor dropped the charges against the Red Army Faction; the investigation was to continue without naming a suspect. Certain German and US media connected the assassination of Alfred Herrhausen to the Staatssicherheitsdienst (Stasi) of the GDR.

The search of the motive for his killing strikes attention to Herrhausen's having strongly suggested to write off all debts owed by developing countries, a proposal he brought before the World Bank in 1987 as well as to a Bilderberg Meeting in 1988. His suggestions however were met with strong opposition, especially from U.S. bankers who were prepared to battle him on his proposal, and who also objected to internal reforms of the Deutsche Bank which he intended to implement for Germany.

From then on concern for his safety made him wear a bullet-proof vest, and his Mercedes car was armor-plated and accompanied by two cars staffed with security guards. When the bomb went off and struck his side of the door, none of his security guards stepped out to see to his safety and aid. He died bleeding to death from having the main artery on one of his legs severed.

Some authors speculate that in view of the complex nature surrounding the preparations for his murder the U.S. American Secret Service of the CIA may have been involved.

All of Herrhausen’s proposals for structural changes to the Deutsche Bank as well as the idea of debt relief to third-world countries were abandoned by his successor Hilmar Kopper and belittled as “not-to-be-taken-serious” expressions of Herrhausen’s ideas.

The 2001 German documentary film Black Box BRD retells the lives and deaths of Alfred Herrhausen and Wolfgang Grams, a Marxist terrorist who was a major suspect in the attack on Herrhausen.

In 2008, journalist Carolin Emcke published Stumme Gewalt (Mute Force), a memorial to Herrhausen, her godfather, encouraging dialogues between groups in societies, dialogues without violence, revenge and disrespect. She received the Theodor Wolff Prize for the text.

The contents of this page are sourced from Wikipedia article. The contents are available under the CC BY-SA 4.0 license.
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