psychiatric hospital

Bank laundering whistleblower labeled 'insane' then locked away in psychiatric hospital for seven years

Wednesday, December 05, 2012 by: J. D. Heyes
Tags: bank laundering, whistleblower, psychiatric hospital

eTrust Pro Certified

Most Viewed Articles
Popular on Facebook
Malaysia Airlines Flight 370 now clearly a government cover-up: All evidence contradicts official story
White House admits staging fake vaccination operation to gather DNA from the public
10 other companies that use the same Subway yoga mat chemical in their buns
High-dose vitamin C injections shown to annihilate cancer
Irrefutable proof we are all being sprayed with poison: 571 tons of toxic lead 'chemtrailed' into America's skies every year
EXCLUSIVE: Natural News tests flu vaccine for heavy metals, finds 25,000 times higher mercury level than EPA limit for water
Truvia sweetener a powerful pesticide; scientists shocked as fruit flies die in less than a week from eating GMO-derived erythritol
Senator who attacked Doctor Oz over dietary supplements received over $146,000 in campaign contributions from Big Pharma mega-retailer and Monsanto
Global warming data FAKED by government to fit climate change fictions
U.S. treating meat with ammonia, bleach and antibiotics to kill the '24-hour sickness'
Ben and Jerry's switches to non-GMO, Fair Trade ice cream ingredients
Battle for humanity nearly lost: global food supply deliberately engineered to end life, not nourish it
Diet soda, aspartame linked to premature deaths in women
Cannabis kicks Lyme disease to the curb
Elliot Rodger, like nearly all young killers, was taking psychiatric drugs (Xanax)
Harvard research links fluoridated water to ADHD, mental disorders
Right to farm being stripped from Americans: Michigan to criminalize small family farms with chickens, goats, honey bees and more
Monsanto's seed imperialism halted in Canada thanks to massive protests
Delicious
(NaturalNews) It is a horror story, no matter where you are from.

Gustl Mollath, now 56, was locked up in a high-security psychiatric hospital nearly seven years ago after being accused of making up a story about money laundering activities at a major German bank.

It turns out he may have been telling the truth after all.

Mollath is about to have his case reviewed after evidence has turned up that could exonerate him and validate claims he has made all along.

Here's how it all started, according to Britain's Guardian newspaper:

In a plot worthy of a crime blockbuster [Mollath] was submitted to the secure unit of a psychiatric hospital seven years ago after court experts diagnosed him with paranoid personality disorder following his claims that staff at the Hypo Vereinsbank (HVB) - including his wife, then an assets consultant at HVB - had been illegally smuggling large sums of money into Switzerland.

The 'Mollath affair'

Mollath was tried in 2006 after his now ex-wife accused him of harming her physically. He denied those charges and said she was attempting to destroy his reputation in light of evidence he said he had against her. In the wake of the trial, he was committed to the psych clinic, where he's been held, against his will, ever since.

But new evidence that has been recently brought to the attention of state prosecutors shows that indeed, money laundering activities had been taking place over several years by members of staff at the Munich-based bank, which is the sixth-largest private institution in Germany, according to details of an internal audit report conducted by the bank in 2003.

The report, since posted online, "detailed illegal activities including money laundering and aiding tax evasion," the paper said. Several employees, including Mollath's wife, were fired as a result of the bank's investigation.

Dubbed the "Mollath affair" by German media, it has taken on such dramatic political dimensions that it seems capable of toppling the government of Bavaria. Under tremendous political and public pressure, Horst Seehofer, prime minister of the wealthy southern German state and a member of the Christian Social Union - the sister party to Prime Minister Angela Merkel's Christian Democrats - has since called for the case to be reopened amid calls that Mollath was the victim of a mighty injustice.

"The judiciary would be well-advised to reassess the case," Seehofer said recently. "I want them to concentrate on the question of whether everything has been done correctly."

Beate Merk, his Justice Minister, who has rebuffed repeated calls for him to step down, is defending the results of the case, saying she believes it was carried out "by the book and quite correctly."

Much of the public; however, has sided with Mollath. He has received thousands of letters of support and scores of Internet posts, with many comparing his fight to that of the Biblical David versus Goliath. He has said he's glad that now, finally, a decade after he made his first claims, that the "murky business of the bank" is being made public.

"This is precisely what I wanted to achieve all along," he told the German paper, Suddeutsche Zeitung, which publicized the audit report in November.

Bank, of course, feels no responsibility

In an interview with the paper in his Spartan room at Bayreuth's hospital for psychiatry, he noted the irony that he was the one suffering the fate he repeatedly warned his wife that she would face. He said he remembered telling her, "Please be careful. One day you will end up in handcuffs and then you'll be banged up for a few years."

In a rather amazing yet cold display of callousness, a spokeswoman for the bank felt no remorse for Mollath, telling the Guardian, "We don't recognize any connection between the results of our audit report and either the criminal trial or the commitment of Mr. Mollath."

See? Arrogance and the inability to accept responsibility for ruining someone's life is not the exclusive purview of American politicians and corporate executives.

Source:

http://www.guardian.co.uk

Join over four million monthly readers. Your privacy is protected. Unsubscribe at any time.
comments powered by Disqus
Take Action: Support NaturalNews.com by linking back to this article from your website

Permalink to this article:

Embed article link: (copy HTML code below):

Reprinting this article:
Non-commercial use OK, cite NaturalNews.com with clickable link.

Follow Natural News on Facebook, Twitter, Google Plus, and Pinterest

Advertise with NaturalNews...

Support NaturalNews Sponsors:

Advertise with NaturalNews...

GET SHOW DETAILS
+ a FREE GIFT

Sign up for the FREE Natural News Email Newsletter

Receive breaking news on GMOs, vaccines, fluoride, radiation protection, natural cures, food safety alerts and interviews with the world's top experts on natural health and more.

Join over 7 million monthly readers of NaturalNews.com, the internet's No. 1 natural health news site. (Source: Alexa.com)

Your email address *

Please enter the code you see above*

No Thanks

Already have it and love it!

Natural News supports and helps fund these organizations:

* Required. Once you click submit, we will send you an email asking you to confirm your free registration. Your privacy is assured and your information is kept confidential. You may unsubscribe at anytime.