Josef Ackermann

Retrial for Mannesmann bonus case

A German court has ordered the retrial of Deutsche Bank chief executive Josef Ackermann and five other ex-members of engineering giant Mannesmann’s board.

An original trial last year cleared the six over their roles in approving bonuses relating to Vodafone’s acquisition of Mannesmann in 2000.

They were accused of paying executives bonuses worth around 60m euros ($71m)