How Berlin’s Futuristic Airport Became a $6B Embarrassment

At the moment three public prosecutors independently investigate that companies practices which is rare in Germany: 1) A gigantic adventure park in Poland which was never supposed to be built 2) A cartel which allowed them to build two power plants 3) Falsification of balance sheets.

Imtech is responsible for parts of the airport's construction – including the two parts which created most problems: the smoke extractor and the cabling. As the airport was close to be finished, opening date just days away, Imtech send fraudulent invoices they knew nobody would double-check. This is a practice that seems really common with such projects.

Similar things happened a few years earlier: When the planning agency went bankrupt and it was known that due to regulatory changes the plans needed to be fixed they nonetheless went on to built the (now obsolete) parts – knowing they will be the company that will be called to fix it again. Additionally the work was done sloppily: Among the quoted examples were control boxes build too close together that you couldn't open their doors.

What was really important for the company was that all invoices should be paid by the end of 2012 to include them in that years balance sheet – while delaying paying their workers until January. As time was running out they resorted to a bribe: In December 2012 an employee of Imtech gave an employee of the Berlin airport an envelope with 150 000 € at the side of the highway. Airport employees spend overtime during the christmas holidays so that all payments of 65 Mio. € could be processed.

The article then goes on the describe the involvement of top management which indicate that this is done systematically. They also describe the two other projects from above. They also suggest that these projects look like a Ponzi scheme: A project's loss is paid by doing even crazier projects.