The investigation confirmed improper handling of compliance regulations related to a flight valued at approximately €12,000, booked using a third party’s frequent flyer miles. Abel, who has been on leave since late June, is expected to negotiate the terms of his departure, with the bank’s second board member, Stefan Bettges, continuing to manage operations. The inquiry also revealed extensive financial ties between the bank and the Reppegather family, raising further questions about compliance and governance.