Financial Times FT.com

Turkmen exiles demand Deutsche probe

By Hugh Williamson in Berlin and Isabel Gorst in Moscow

Published: December 23 2006 02:00 | Last updated: December 23 2006 02:00

Deutsche Bank, the German bank, was last night under pressure over allegations it was holding billions of dollars in accounts formerly controlled by Saparmurat Niyazov, the autocratic president of Turkmenistan who died suddenly on Thursday.

In a document obtained by the Financial Times, the German bank is cited as holding an account for a $1.68bn Turkmenistan government contract, signed in 2001, to export gas to Ukraine.

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