ah ah ah ah, this is dw news live from berlin. germany's massive wire card fraud scandal comes to court in munich. prosecutors ames proved charges against former executives that include commercial fraud and market manipulation to the value of $1900000000.00

euros. german authorities say they will make more arrests one day on from the biggest anti tara operation. in decades 25 people remain in custody. accused of being part of of possible right wing, coo and russian president vladimir putin. rules out calling up more troops for now . but admits the war and ukraine could be a quote, long process. ah, i'm glad else as well come to the program. the legal trial attached to germany's biggest ever accounting scandal begins immunity. today, the former c e o and to former executives of wire card will take the stand accused of hiding $1900000000.00 of missing revenue. german chance all of shows who was finance minister at the time described the fraud as unparalleled and germany's

postwar history. this is the man at the center of a case that sent shock waves through germany's financial and political establishments. marcus brown, prosecutors accused the former wire card seo and to top executives of orchestrating a massive criminal act to defraud investors. he faces charges including falsifying financial statements, market manipulation and breach of trust. he's been in custody for more than 2 years . after its founding in 1999 wire card, enjoyed a fairy tale rise by 2018. the online payments firm had become one of the 30 most valuable companies on the frankfurt stock exchange result. looking back, but very much looking at the future and i thing, but that then i make of growth in the next 10 years. ah, will totally all perform what richie from last winners. rumors began circulating

early on about fraudulent activity, but barely any one wanted to listen wire card success story. it was just too good. then in 2020, after an independent investigation, it became clear. almost 2000000000 euros had vanished from company accounts or only existed on paper wire cards, big deals, faked or staged. the one time darling of fintech filed for insolvency, investors lost huge sums auditors and german financial regulator. baffin faced heavy criticism for ignoring early warning signs about wire cart bound denies any wrongdoing. he's instead pointed the finger at wire cards. a former c o yan masonic who has reportedly hiding out in russia and wanted by german authorities. from on this, that speak to los halder from d w. business. who's asked the court in munich laws, what can we expect from this trial?

actually get hot, not that much on this 1st day of the trial. i just heard that the prosecutor of course is, is obviously necessary in cases like that will read the indictment and that is almost a 100 pages long. so we will hear a lot of details, of course, in the indictment what exactly they think was going on at wire card, but are more than reading. the indictment will not happen. today's special that the earth, but since today is also a some kind of format that you said need to be taken care of. so the main part of the trial will probably start on day to day will be the reading of the indictment with details on that. it is unclear if we hear any words personally from mr. brown or the other defendants. laza key suspect is the former a wire card, top manager, young ma solid. he's on the run. how important would he be for the trial? he would be very important. he is obviously the key figure, not in the trial,

but in the wire card fraud. he is the master mind and he might very well be the only one who really knows what exactly has been going on at least that is what the defendants here on trial are saying, c o, marcus, brown, and the other 2 defendants. one of them is the former head of the dubai. ah, that by subsidiary of wire card. they said they knew nothing about what was going on here, especially ceo marcus brown says that. and that young marcella was actually the only one who did all this or who did all the fraud on the books who cooked the books and that is of course possible. it is of course very suspicious that a young marcella left or right before the company went belly up took a private shed to bella ross. he is hiding in russia is expected in or near moscow and of course the german government wants him arrested. they are extradited, but of course in the current political environment that is very unlikely to happen . if he was on trial, it would obviously be

a lot easier for the co defendants or the defendants. now in this case, to point the finger and her maybe get off a with a lighter sentence here, they could prove that it was indeed only him, but so with him not being here. it is unclear what can be proven what he did and what the others did. now them are early warning signs about fraud at wire card. they have been ignored by auditors and by the germany's governments. our finance, a watchdog bar fin, is a how damaging is this for germany or germany's reputation as a financial center? good question. some of called it a disaster, a catastrophe. i would call it an embarrassment only. and of course, germany always had a very strong reputation for it's a strict regulation, it's oversight in financial markets. that is a good thing. and of course, this is embarrassing and it shows regulation here was not any tighter or definitely oversight was not any better than in other places in other countries. of course we

have seen similar fraud cases, the multi $1000000000.00 fraud cases like in the united states or so. and i think it's pretty clear that regulation is not very easy in these cases. and even the best regulators can be outsmarted with our fraud. like in a case off off of wire card, i highly doubt that anybody will base it's decision on trading with or investing in germany on a case like that. and as for all our shots, personally, i guess at these borders did not hold him responsible. they did, after all, an act him chancellor lost out of their dw business. thank you very much lost you're welcome. enter. i mean a dozens of people remain in custody after raids across the country on wednesday. the targets were suspected supporters of a far right movement that rejects the legitimacy of the german state. federal prosecutor said those detained fantasized about forming a new german army and installing

a minor aristocrat as leader of the country. it is the biggest anti terrorism rate in germany for many years on wednesday morning, some 3000 police raid it more than a 100 properties in several german states and arrested 25 people. all of them suspected members or supporters of the so called christ burger movement, their goal, a crew data in germany. they wanted to overthrow democracy. the for her wrist as suspects are united by their rejection of state institutions in germany and so on and enjoyed various the suspects believe in conspiracy myths consisting of different narratives from the vice burger ideology as well as the queue on an ideology speaker, if you look you so either call in an id you review. the network was made up of both a political and a military group, according to german authorities. they had planned to invade the german born to stock and use violence. germany's interior minister,

nancy fairs. i said the investigations provided a glimpse into the quote, a bit of a terrorist threat from that i spoke a minute their current at us and decent tot who wouldn't agree on a day like today where there's one of the biggest raids against far rights efforts aimed at attacking our state, that polarization is on the rise, and we have to defend our democracy every single day. at school named on the eden tac once the democratic aff lawyer for tidings. if they had succeeded, this man was to become the new head of state pain with a choice, a descendant of an aristocratic family from eastern germany, who still uses the symbolic title of prince heinrich. the 13th, the entrepreneur from frankfurt is said to be the ringleader. she would have been installed as the new justice minister, bigot mozart winkleman, who was a member of the german parliament for the far right alternative for germany party. until last year, she has since resumed working as a judge at berlin court efforts to remove her from her position because of her

involvement with far right. extremists failed earlier this year. but the court confirmed that she was released from her duties on wednesday the rice berger at far right extremist, deeply anti democratic movement. its members reject the german state and its democratic system and are prone to violence. german authorities estimate that the scene consists of some 20000 people between 2015 at mid 2017 alone. more than $10500.00 crimes are said to have been committed by so called price burger. our political cause, when it's almost a spouse is with me now, is now a prosecutor said, are they expect morris or to for follow? what can you tell us? absolutely. this is not the end of this ring of this group and according to what authorities have released so far, they seemed to have been at least relatively organized. it was not something that

they had just planned in the last few weeks. it was a group that was apparently formed at the latest in november 2021. it had already a political arm with a cabinet basically formed it had a military wing as well, which was, or the goal of which was true, and not only recruit people, especially among the german military, but also to conduct military trading training with weapons. and we already saw in that report what kind of people belonged to this group. so it's only a very important development yesterday by the german government, by german authorities in particular. but as you correctly point out from what we've heard so far, this doesn't seem to be the end. more arrests are expected and the investigations are set to continue. now it taught to overthrow the german government. how close were we really to coo here? well, that's something that we don't know exactly,

but authorities have pointed to the fact that they were organized and in an advanced stage. and what i mentioned about the structures in place that this group already had point to that advanced se stage. and the fact that they were also linked to this organization, that ice burger movement, which is really profoundly anti democratic, which rejects the existence of the german state as we know it so far, points to the fact that they had really concrete goals. now, how possible those goals? well, that's another question altogether not realistic. those goals were achieving those gold is another matter altogether, but they were at least planning it and that those plans were certainly according to authorities in an advanced stage. they included taro, tax probably that isn't that the real threats? that is certainly part of the real threat, but it goes beyond that. it goes really targeting germany's democratic institutions trying to storm the german parliament trying to replace the german state as we know it. so it goes beyond just terror attacks. it really affects the german state,

as we know it. and that i feel good seen, which has been link to this group is actually known to be prone to violence. they have an affinity to weapon, according to authorities, and only last year they were over $1000.00 crimes linked to that scene. so that's also a reason why authorities went in those rate with over $3000.00 officers and why they believe there was certainly a potential of violence there. you mentioned this is ice burger movement. conspiracy theorists really who reject the modern german state. how prevalent are these thoughts and drama society? well, if you just speak about the high spook, i wouldn't say they're very prevalent. we're talking about 21000 people that are directly or indirectly linked to this. the bigger question is to what extent far right extremist views are prevail and in germany and not only in germany, but we are in german democratic institutions within politicians, within the adjudicator, within the german military. that is the big challenge for german authorities. and

that's the reason why german authorities have set on various occasions that the threat from the far right, the extreme is far right in germany is the biggest threat to german democracy. now today he's political, one of thomas sparrow. thank you very much, tom. let's have a look now at some of the other stories making the news around the world. fresh protests in iran of sprung up in the center of the capital to run videos posted on social media, appear to show shots being fired as are the square. iran has been walk by protest since the death of 22 year olds, you know, most of our meeting in the custody of the so called all morality police in september time magazine has named valencia zalinski and what had called the spirit of ukraine as its person of the year magazine said it was honoring the ukrainian president for his role in leading is countries resistance against russia's invasion, old bride,

published an opinion rush as president vladimir putin has acknowledged that his worn ukraine could turn into a quote long term process. he was defending of the war to his personal human rights council after the ukrainian military allegedly carried out a series of drone attacks against targets deep inside russia. hootin went on to say that he would not mobilize additional troops for now, despite setbacks on the battlefield. ah, like many parts of eastern ukraine, this farmer's field is now a battlefield. despite recent gains by keith soldiers say an influx of russian reinforcements is halting their advance or slang them char, from the enemy, has become very active. their attacks have intensified. the ation is more active. they are continuous air intelligence missions. our positions were shelled all day yesterday. there unmanned aerial devices were in the air all day. we

in nearby villages, people have been living without heat, electricity, and water since the start of the war. more than 9 months ago, people jump every time a missile strikes you to that will sometimes it's really bad. sometimes it's so scary. the whole house is shaking. it appears her village will remain a war zone for many months to come. provost lincoln who lives in an addressed was human rights council, which let him here put in warned of a long conflict in ukraine. the way we would eat pleasure, said almost mistook for our part. there can only be one response fighting consistently for our national interests. and so we'll be doing exactly this. what we did, nobody should ever count on anything else. ah, while russian troops continue their war, ukraine is gathering evidence,

including thousands of munitions, experts hope they may 1 day be used to help bring the russian leader to justice. now leave us a civil scott is an advisor to the ukrainian foreign minister. and she told us what she thought of hooted statement that he, that the war will be a quote long process. we do not have other choice as except fighting in and we know that it is lengthy process and in russia they called it from the very beginning, special military operation. and today we didn't call that war, and i think you called this, this were this way because, you know, even in russia they, there prepare the people for this understanding that these losses. they cannot be losses of special military operations, special military operation, and like any military operations should have some time indicators. but here they

cannot, we and they don't have any c s. so they finally started meeting that this is war and obviously it fun for us ukrainians. it doesn't really matter how long it will take because for us it's a matter of a survival. so it doesn't matter if we don't have to fight 3 months or 4 months or even a year, just because this is about our lives, it's about they want to us and destroy us here. how corresponding back sunday joins us from keith marks. what do you make of what you've just heard? ukraine doesn't seem at all intimidated by this talk of a long and grinding war. right, so i think most the ukrainians aren't really concerned by the, the labels the russian president uses a for what he is doing here. a, b,

it's special military operation or a war that's domestic politics. them for the ukrainians here is truly is a war. this does not change the facts on the ground. ukrainians have been dealing for more than 9 months now with miss l strikes with artillery. shelling with occupation ob, terrible, war crimes being committed. there are some large parts of the country still under russian occupation. ukrainians are determined to fight back 2 days ago. i, the ukranian president made an appearance at the front of a ukrainian on forces day and said that in a year's time a ukraine would be fully liberated all the occupied territories, including a russian antics crimea. but it is a difficult, it's a difficult task. there is still severe fighting going on there, strong fighting, going on around the town in buffalo, for example, at the moment where also president lensky said every meter counts at the moment. the russians have managed to take some suburbs. there. there has been fighting and attacks on and 9 regions that were struck last type, arch hillary shelling and the town of for the of it for just to give you an example

. 10 civilians were, were, were killed by, by russian fire. russia has been sending in iranian shaheed drones, so the fighting here is still going on, but you trainings are determined to resist and, and to eventually in the long run when this war. now nato secretary general has also again warned about the months ahead in the war. tell us more about that. right. so natal, a section against stolen back and said that russia is trying to, to, to freeze the war and fighting, fighting in a winter is difficult. and russia itself has been dealing with some setbacks here. i clearly this did not go as, as the kremlin had planned. this was an up. this was supposed to be a war that would last only a couple of days. now it's, it's, it's going into a lot more than more than 9 months. so, and what we know is that russia has been fortifying areas at their national borders

. russia is seemingly also quite unsettled by a recent drawn attacks of ukrainians in that i have not been claimed that i after ad here, but a john attacks on their national territory. so russia is now doing everything to has some issues with replenishing sharks with sending new soldiers to the front so they will do anything to, to buy time to freeze the conflict and to continue fighting a perhaps another larger offensive in spring course one amongst santa there in clear, thank you much to peruse our president petro kasteel has been arrested on charges of rebellion and conspiracy. after being ousted by congress castille you had earlier tried to dissolve parliament and install it in the emergency government just hours before he was to face an impeachment vote, now peruse form of vice president deena bolo, artie has been sworn in as president. she is the 1st woman to ever leave the country, t a gas and turmoil in lima. after

a day packed with political drama. it began early in the morning with petro castillo as announcement that he was dissolving parliament boy ahead of its 3rd attempt to impeach him. since he took office in 2021. his announcements for demonstrations on the streets, mass resignations from his government and defiance from the opposition dominated congress. it moved up the impeachment vote, which passed with only 6 votes against vice president dino. but what day was sworn in as peruse 1st female president, shortly after, in her 1st speech to parliament, she didn't mince words about castillo's removal. the admiralty, there has been an attempted coup data, an attempt to promote it by pedro castillo, which has not signed an audience in the institutions of democracy, and on the streets of rap yellow bag in lima. many demonstrate his back,

his removal that back on the gold castillo is trying to run away from just it eiletha. he's opted for the last resort. we're trying to dissolve the congress in congress. but supporters of castillo, who 17 turbulent months in power, were marked by 5 cabinets, 6 criminal investigations, and to earlier failed impeachment attempts with furious, hugo, hopefully from the beginning president pedro castillo, has not been allowed to work. the president castillo has been slandered. that's why we're going through what we're going through now was on and why this corrupt congress needed to be dissolved up. what can be article that he was elected by you or the previous people? not just lima, the people or the whole country, the whole of peru, and they have to learn to respect the will of the people or castillo who left the presidential palace after being removed from office when the union has been

arrested and charged with rebellion and conspiracy if convicted, he could face years in prison. ah, and have a bit of sports news for you. honey flick will stay honest. coach of the german national team does buy. germany's 2nd straight exit from a world cup during the group stage. flick, met with management of the german football association on wednesday to assess what went wrong in caught up. the pressure will now be on to turn around germany's fortunes for the 2024 european championships, which in germany is hosting on either the israelis nor palestinians feel the teams at the 2022 world cup buffy. israeli palestinian conflict has found echoes on the ground in cotton. many arab supporters and fans are taking the chance to show their support for the palestinians. meanwhile,

israeli journalists and fans at the tournament have been subjected to abuse on the basis of their nationality. i. 2 0, on social media showed people refusing to talk. i got to ease radio journalists covering the guitar world car. our job is challenging. we deal with some hates from they are there. if fans ear, when our are people in our crew members, they want to go live on tv. that sometimes they're not attacked, but people go around them and and shout fit palestine with bad, assigned their flags. many friends in cattle have shown their support for the palestinian cause, and on wednesday moroccan players became the latest to do the same after their famous victory over spain. meanwhile, that we've been here, there's only gonna be

a number of israelis have found the reception from some arab supporters, unwelcoming. it's the 1st time is riley's, our in cat, are a numbers with direct flights connecting tel aviv to doha. but cattle is not one of the 6 arab countries that maintain formal relations with israel. many people in israel say it said this woke up, this is the full of hate. there is this. so if you want to say, veil of ignorance, people don't know each other only from the media, and the thing call israel is our bad, are all ours about. and you know, the situation is much more complicated. they're the best cure for hate is always getting together, get to know each other. speak, speak to one another. i think this is the key. and now things will not get solved during ill one month world cup, but maybe a getting to know better. the other side than the standing listening. that's what's important as ever, these tournaments, the confluence of cultures, has produced moments of harmony and understanding. but 2020 two's competition was

shot through with political tensions long before it began. and a microcosm of global discord was perhaps always another inevitability and ketter's world. come. he watching the w news, his reminder of our top story. the trial attached to germany's biggest accounting scandal begins immunity today, former c e. o and to former executives of why a cod will take the stand accused of hiding $1900000000.00 of missing revenue. that's it. you're up to date of an update of the top of the high school with

201 continent. 700000000 people with their own personal stories. europe, with every day life,

with what europeans fear and what they hope for focus on your next d. w. a conflict zone with parish banner d. velez also supported russia since the start of the war in ukraine. what is the support to be sent to escalate into something more active from that to be our ciocca. you've political adviser to bela lucian, opposition, meta fripp, lamasta's. he kind of caught up. she claims to be the national leader of bella luce, but holding the gentleman is her claim. when conflict with the w with you become a criminal pre claim ai already knows with

hackers, paralyzed me to your societies. computers that i'm sure you and governments that go crazy for your data. we explain how these technologies work, how they can go in for. and that's how they can also go terribly. watch it now on youtube. ah, ah, with this is focus on europe. i'm lar babel ola, welcome. miss isles are hitting civilian targets in ukraine once again knock.