. NMT05-T0958
Volume VI · Page 958
| certain. It may have been 4 or 5 millions. The credits were given on
our guarantee. We guaranteed this sum, that is Maxhuette and Mittelstahl I
believe, but Mr. Kaletsch will know that for certain. JUDGE RICHMAN: All I was trying to get at was whether any money had come from Maxhuette or Mittelstahl or any of these other concerns that you owned that went into this Rombach enterprise. Of course you guaranteed the credit, as I understand from your statements just now, but you did not put any other money in it out of enterprises that you already owned? DEFENDANT FLICK: At first, the only money of our own was the company capital of 500,000 marks, its own capital. Then I wanted to say that the enterprise was financed by bank credits under our guarantee. These bank credits were repaid out of the profits of Rombach to a large extent in the course of the years. PRESIDING JUDGE SEARS: But the capital you put in to purchase the shares still remained there? That is, was that repaid in any way? DEFENDANT FLICK: No. That was not repaid. No. PRESIDING JUDGE SEARS: I am not so sure that I understand about this trusteeship. JUDGE RICHMAN: Neither am I. PRESIDING JUDGE SEARS: There was a Rombach company organized? DR. Dix: I am sorry, Mr. President. Your question is being translated incorrectly. You were asking about prestige, were you not? PRESIDING JUDGE SEARS: Under your trusteeship you had organized, either yourself or in some other way, a Rombach company. G.m.b.H. This company issued shares. These shares were taken by the Mitteldeutsche [Stahlwerke] and Harpener Bergbau, were they not? DEFENDANT FLICK: Yes. PRESIDING JUDGE SEARS: And they paid money for those shares? DEFENDANT FLICK: Yes. They paid cash. PRESIDING JUDGE SEARS: Did the Mitteldeutsche and the Harpen companies ever get this money back that they put in for the shares? DEFENDANT FLICK: No. PRESIDING JUDGE SEARS: So that is the end of that so far as the organization is concerned. DEFENDANT FLICK: We did not get any dividends nor did we get the capital back. DR. DIX: This capital is therefore lost to you? |
