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After losing the 2011 Baden-Württemberg state election Mappus announced his resignation of the party chair. Currently, he is a Member of the Board of Advisors of the Global Panel Foundation.[3]
EnBW affair
The public prosecutor's office in Stuttgart opened an investigation on 11 July 2012 against prime minister Stefan Mappus, several other ministers and Dirk Notheis, former head of Morgan Stanley Germany, in connection with the state's controversial purchase of a stake in utility Energie Baden-Wuerttemberg.[4] Morgan Stanley's German operations, headed by Notheis, in 2010 advised Baden-Württemberg on the purchase of a roughly 45% stake in EnBW from French state-controlled utility Électricité de France for nearly 4.7 billion euros (about $5.77 billion) valuing the asset at a multiple of 6x operating profits.[5] Also advising was Stuttgart law firm Gleiss Lutz. The transaction was signed four weeks after a decision by the German federal parliament to extend the maturities of existing nuclear power plants for another ten years on top of their existing license. Four months after the transaction, on 15 March 2011, the accident in a nuclear power plant in Fukushima/Japan happened, resulting in the decision by the Federal government to phase out nuclear generation, which adversely affected EnBW and its value. In addition to several fairness opinions as to the valuation of EnBW provided to the stakeholders at the time of the transaction, in total seven reviews over the EnBW share valuation were conducted over the process of the investigation. The dominating majority of reviews came to the conclusion that the price paid for the EnBW shares was fair. A review conducted by Professor Wolfgang Ballwieser deviated from the valuation consensus, however fell into great controversy after a material miscalculation of approximately €1b was discovered in Ballwieser's valuation.[6][7][8][9]
The investigation was withdrawn by the State Attorney in October 2014 without any obligations at all to Mappus and the other individuals.[10] Stefan Mappus and all others were cleared and informed in letters addressed to their respective lawyers dated 29 October 2014, in which they were also granted the right to make claims for damages.
Personal life
Mappus is a Protestant and comes from a shoemaker-family in Mühlacker-Enzberg.[11] Since 2001 he is married to in Kleve born Susanne Verweyen-Mappus, they have two sons and live in Pforzheim.[12]
References
^ ab. Personal Website (in German). Stefan Mappus. Archived from the original on 13 February 2010. Retrieved 10 February 2010.
^"Mappus übernimmt Amt des Ministerpräsidenten" (in German). Spiegel Online. 10 February 2010. Retrieved 10 February 2010.
^. globalpanel.org. Archived from the original on 20 September 2012. Retrieved 17 June 2017.
^Morgan Stanley executive investigated in Germany, KRGV.com, 12 July 2012
^"EDF in Poland – News". poland.edf.com. Retrieved 17 June 2017.
^Brost, Marc (24 January 2014). "Stefan Mappus: Im Schwabensümpfle". Retrieved 17 June 2017 – via Die Zeit.
^Germany, Stuttgarter Nachrichten, Stuttgart. "EnBW-Deal: Hat sich Gutachter um eine Milliarde Euro verrechnet?". Retrieved 17 June 2017.
^Germany, Stuttgarter Nachrichten, Stuttgart. "EnBW-Affäre: Neue Vorwürfe gegen Gutachter der Staatsanwaltschaft". Retrieved 17 June 2017.
^Krauth, Claudia (29 October 2014). "Ermittlungsverfahren wegen des EnBW-Deals mit Einstellungsverfugung abgeschlossen". www.staatsanwaltschaft-stuttgart.de. Retrieved 17 June 2017.
^Nadine Schmid, Viola Kraus (8 February 2010). . Pforzheimer Zeitung (in German). Archived from the original on 24 April 2011. Retrieved 10 February 2010.
^. Archived from the original on 28 October 2009. Retrieved 10 February 2010. von Andreas Müller, Stuttgarter Zeitung vom 27. Oktober 2009
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This article may be expanded with text translated from the corresponding article in German December 2009 Click show for important translation instructions View a machine translated version of the German article Machine translation like DeepL or Google Translate is a useful starting point for translations but translators must revise errors as necessary and confirm that the translation is accurate rather than simply copy pasting machine translated text into the English Wikipedia Consider adding a topic to this template there are already 9 745 articles in the main category and specifying topic will aid in categorization Do not translate text that appears unreliable or low quality If possible verify the text with references provided in the foreign language article You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation A model attribution edit summary is Content in this edit is translated from the existing German Wikipedia article at de Stefan Mappus see its history for attribution You should also add the template Translated de Stefan Mappus to the talk page For more guidance see Wikipedia Translation This biography of a living person needs additional citations for verification Please help by adding reliable sources Contentious material about living persons that is unsourced or poorly sourced must be removed immediately especially if potentially libelous or harmful Find sources Stefan Mappus news newspapers books scholar JSTOR February 2010 Learn how and when to remove this template message Stefan Mappus born 4 April 1966 is a German politician from the Christian Democratic Union CDU He was the 8th Minister President of the state of Baden Wurttemberg 2010 2011 2 and chairman of the CDU Baden Wurttemberg 2009 2011 1 Stefan MappusMinisterprasident a D Minister President of Baden WurttembergIn office 10 February 2010 12 May 2011PresidentHorst KohlerChristian WulffChancellorAngela MerkelPreceded byGunther OettingerSucceeded byWinfried KretschmannChairman of the CDU Baden WurttembergIn office 20 November 2009 30 March 2011Preceded byGunther OettingerPersonal detailsBorn 1966 04 04 4 April 1966 age 56 Pforzheim 1 West GermanyPolitical partyCDUSpouseSusanne Verweyen Mappus m 2001 wbr Residence s Pforzheim GermanyAlma materUniversity of HohenheimAfter losing the 2011 Baden Wurttemberg state election Mappus announced his resignation of the party chair Currently he is a Member of the Board of Advisors of the Global Panel Foundation 3 EnBW affair EditThe public prosecutor s office in Stuttgart opened an investigation on 11 July 2012 against prime minister Stefan Mappus several other ministers and Dirk Notheis former head of Morgan Stanley Germany in connection with the state s controversial purchase of a stake in utility Energie Baden Wuerttemberg 4 Morgan Stanley s German operations headed by Notheis in 2010 advised Baden Wurttemberg on the purchase of a roughly 45 stake in EnBW from French state controlled utility Electricite de France for nearly 4 7 billion euros about 5 77 billion valuing the asset at a multiple of 6x operating profits 5 Also advising was Stuttgart law firm Gleiss Lutz The transaction was signed four weeks after a decision by the German federal parliament to extend the maturities of existing nuclear power plants for another ten years on top of their existing license Four months after the transaction on 15 March 2011 the accident in a nuclear power plant in Fukushima Japan happened resulting in the decision by the Federal government to phase out nuclear generation which adversely affected EnBW and its value In addition to several fairness opinions as to the valuation of EnBW provided to the stakeholders at the time of the transaction in total seven reviews over the EnBW share valuation were conducted over the process of the investigation The dominating majority of reviews came to the conclusion that the price paid for the EnBW shares was fair A review conducted by Professor Wolfgang Ballwieser deviated from the valuation consensus however fell into great controversy after a material miscalculation of approximately 1b was discovered in Ballwieser s valuation 6 7 8 9 The investigation was withdrawn by the State Attorney in October 2014 without any obligations at all to Mappus and the other individuals 10 Stefan Mappus and all others were cleared and informed in letters addressed to their respective lawyers dated 29 October 2014 in which they were also granted the right to make claims for damages Personal life Edit Mappus is a Protestant and comes from a shoemaker family in Muhlacker Enzberg 11 Since 2001 he is married to in Kleve born Susanne Verweyen Mappus they have two sons and live in Pforzheim 12 References Edit a b Werdegang von Stefan Mappus Personal Website in German Stefan Mappus Archived from the original on 13 February 2010 Retrieved 10 February 2010 Mappus ubernimmt Amt des Ministerprasidenten in German Spiegel Online 10 February 2010 Retrieved 10 February 2010 Global Panel Foundation Meeting the World in Person globalpanel org Archived from the original on 20 September 2012 Retrieved 17 June 2017 Morgan Stanley executive investigated in Germany KRGV com 12 July 2012 EDF in Poland News poland edf com Retrieved 17 June 2017 Brost Marc 24 January 2014 Stefan Mappus Im Schwabensumpfle Retrieved 17 June 2017 via Die Zeit Germany Stuttgarter Nachrichten Stuttgart EnBW Deal Hat sich Gutachter um eine Milliarde Euro verrechnet Retrieved 17 June 2017 Germany Stuttgarter Nachrichten Stuttgart EnBW Affare Neue Vorwurfe gegen Gutachter der Staatsanwaltschaft Retrieved 17 June 2017 Die Zeit 24 January 2014 Krauth Claudia 29 October 2014 Ermittlungsverfahren wegen des EnBW Deals mit Einstellungsverfugung abgeschlossen www staatsanwaltschaft stuttgart de Retrieved 17 June 2017 Nadine Schmid Viola Kraus 8 February 2010 Enzberger zu Stefan Mappus Immer noch einer von uns Pforzheimer Zeitung in German Archived from the original on 24 April 2011 Retrieved 10 February 2010 Haudrauf muss Harmonie stiften Archived from the original on 28 October 2009 Retrieved 10 February 2010 von Andreas Muller Stuttgarter Zeitung vom 27 Oktober 2009 Political officesPreceded byGunther Oettinger Minister President of Baden Wurttemberg2010 2011 Succeeded byWinfried Kretschmann Retrieved from https en wikipedia org w index php title Stefan Mappus amp oldid 1140703454, wikipedia, wiki, book, books, library,
