A fund administered in trust. It manages the affairs of a person completely independently, i.e. without the beneficiary being involved (the beneficiary has no access to any information regarding the assets purchased and the trust is discretionarily managed by a fiduciary third party). Persons who aspire to political office or who have been elected to such office often contribute their assets to a blind trust. In this way, possible conflicts of interest (collision of interests) are to be clearly avoided.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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