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Back to business for blackmailed BMW heiress Klatten

Germany's richest woman, who was recently blackmailed by an ex-lover, hit the news again Thursday. But this time it was strictly business with a takeover worth almost a cool billion euros.

Published: 6 November 2008 12:11 CET

Back to business for blackmailed BMW heiress Klatten

Photo: DPA

Billionaire Susanne Klatten said she is making an offer of €910 million ($1.2 billion) for the 49.9 percent she does not already own in German speciality chemicals group Altana.

Klatten is offering €13 per share for the roughly 70 million shares that are still outstanding. She owns 50.1 percent in Altana, which posted sales in 2007 of 1.4 billion euros, via a holding company called SKion.

She chairs Altana’s supervisory board and the firm’s CEO Matthias Wolfgruber said in a statement that he was “open” to Klatten’s offer but stopped short of endorsing it, pending a closer examination.

Klatten is also a major shareholder in German luxury carmaker BMW, inherited from her industrialist father Herbert Quandt who saved the Bavarian firm from collapse in 1957 and built it up to the global auto power it is today.

At the weekend the 46-year-old hit the headlines with media reports that a former lover and Swiss gigolo called Helg Sgarbi had tried to blackmail her using secretly recorded videos of steamy hotel room encounters.

The blonde mother-of-three had a brief affair with the smooth-talking 41 year-old last year and even gave him €7.5 million in €200 notes that he said he needed to pay off the Mafia, German and Italian newspapers said.

The relationship then ended and Sgarbi tried to blackmail Klatten with the videos for €14 million. Klatten turned to the police and Sgarbi and his Italian accomplice Ernani Barretta were then arrested in January.

Nine face trial in Germany for alleged far-right coup plot

Nine suspected participants in the coup plot will take the stand in the first set of proceedings to open in the sprawling court case, split among three courts in three cities.

The suspects are accused of having participated in the “military arm” of the organisation led by the minor aristocrat and businessman Prince Heinrich XIII Reuss.

The alleged plot is the most high-profile recent case of far-right violence, which officials say has grown to become the biggest extremist threat in Germany.

The organisation led by Reuss was an eclectic mix of characters and included, among others, a former special forces soldier, a former far-right MP, an astrologer, and a well-known chef.

Reuss, along with other suspected senior members of the group, will face trial in the second of the three cases, in Frankfurt in late May.

The group aimed to install him as head of state after its planned takeover.

Heinrich XIII arrested at his home following a raid in 2022.

Heinrich XIII arrested at his home following a raid in 2022. Photo: picture alliance/dpa | Boris Roessler

The alleged plotters espoused a mix of “conspiracy myths” drawn from the global QAnon movement and the German Reichsbûrger (Citizens of the Reich) scene, according to prosecutors.

The Reichsbürger movement includes right-wing extremists and gun enthusiasts who reject the legitimacy of the modern German republic.

Its followers generally believe in the continued existence of the pre-World War I German Reich, or empire, under a monarchy, and several groups have declared their own states.

Such Reichsbürger groups were driven by “hatred of our democracy”, Interior Minister Nancy Faeser said in Berlin on Sunday.

“We will continue our tough approach until we have fully exposed and dismantled militant ‘Reichsbürger’ structures,” she added.

READ ALSO: Who was involved in the alleged plot to overthrow German democracy?

‘Treasonous undertaking’

According to investigators, Reuss’s group shared a belief that Germany was run by members of a “deep state” and that the country could be liberated with the help of a secret international alliance.

The nine men to stand trial in Stuttgart are accused by prosecutors of preparing a “treasonous undertaking” as part of the Reichsbürger plot.

As part of the group, they are alleged to have aimed to “forcibly eliminate the existing state order” and replace it with their own institutions.

The members of the military arm were tasked with establishing, supplying and recruiting new members for “territorial defence companies”, according to prosecutors.

Among the accused are a special forces soldier, identified only as Andreas M. in line with privacy laws, who is said to have used his access to scout out army barracks.

Others were allegedly responsible for the group’s IT systems or were tasked with liaising with the fictitious underground “alliance”, which they thought would rally to the plotters’ aid when the coup was launched.

The nine include Alexander Q., who is accused by federal prosecutors of acting as the group’s propagandist, spreading conspiracy theories via the Telegram messaging app.

Two of the defendants, Markus L. and Ralf S., are accused of weapons offences in addition to the charge of treason.

Markus L. is also accused of attempted murder for allegedly turning an assault rifle on police and injuring two officers during a raid at his address in March 2023.

Police swooped in to arrest most of the group in raids across Germany in December 2022 and the charges were brought at the end of last year.

Three-part trial

Proceedings in Stuttgart are set to continue until early 2025.

In all, 26 people are accused in the huge case against the extremist network, with trials also set to open in Munich and Frankfurt.

Reuss will stand trial in Frankfurt from May 21st, alongside another ringleader, an ex-army officer identified as Ruediger v.P., and a former MP for the far-right Alternative for Germany (AfD) party, Birgit Malsack-Winkemann.

The Reichsbürger group had allegedly organised a “council” to take charge after their planned putsch, with officials warning preparations were at an advanced stage.

The alleged plotters had resources amounting to 500,000 euros ($536,000) and a “massive arsenal of weapons”, according to federal prosecutors.

Long dismissed as malcontents and oddballs, believers in Reichsbuerger-type conspiracies have become increasingly radicalised in recent years and are seen as a growing security threat.

Earlier this month, police charged a new suspect in relation to another coup plot.

The plotters, frustrated with pandemic-era restrictions, planned to kidnap the German health minister, according to investigators.

Five other suspected co-conspirators in that plot went on trial in Koblenz last May.

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