Dortmund bus attack: suspect arrested as police allege financial motive

Authorities believe a 28-year-old man staged the attack in the hope that stock in the club would fall to his financial benefit.

Team bus of Borussia Dortmund

The bus post-attack (AAP) Source: EPA

German police have arrested a man suspected of having planted a bomb that exploded near the bus of football team Borussia Dortmund, the office of the federal chief prosecutor said.

The 28-year old man, who has dual German and Russian nationality, is accused of 20 accounts of attempted murder, inflicting serious bodily harm and causing an explosion, it said in a statement.

The players’ bus was heading to their stadium for a Champions League match against Monaco on 11 April when three explosions occurred, wounding Spanish defender Marc Bartra and delaying the match by a day.

Advertisement
According to Bild, a German newspaper, the suspect allegedly bought options to short sell 15,000 shares of Borussia Dortmund stock for 78,000 euros ($83,600). He would have profited from the transaction if the price for shares of the team fell. 

The share price did fall from 5.738 euros to a low of 5.421 after the attack. 



The German attorney general said in a statementthat the man hoped to gain financially from the attack. Police believe the man acquired 15,000 so-called put options (which rise in value as a stock’s value falls) on Borussia Dortmund shares which he hoped would fall in the event of players being killed or injured.


Share
Watch the FIFA World Cup, Tour de France, Giro d’Italia, Vuelta a España, Dakar Rally, World Athletics / ISU Championships (and more) via SBS On Demand – your free live streaming and catch-up service.
Have a story or comment? Contact Us

Watch the FIFA World Cup, Tour de France, Giro d’Italia, Vuelta a España, Dakar Rally, World Athletics / ISU Championships (and more) via SBS On Demand – your free live streaming and catch-up service.
Watch nowOn Demand
Follow SBS Sport
2 min read
Published 21 April 2017 at 5:09pm
Source: Reuters, SBS