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Lawsuit Reveals Deutsche Bank Probe of Ties to Russian Ministers

Jonathan Browning, Donal Griffin
Lawsuit Reveals Deutsche Bank Probe of Ties to Russian Ministers

Deutsche Bank AG called it Project Dastan, a Persian word for the kind of ornate oral histories that are common across Central Asia, including heroic tales of resistance to Russian occupation. The bank’s investigation into its own hiring practices was detailed for the first time in a lawsuit last week by a former executive, Nizar Al-Bassam. The revelation of the four-year-old probe, which appears to be ongoing, opens another window into Deutsche Bank’s troubled history in Russia.