Before moving into politics, he worked for the Insurance Company of North America from 1948 to 1955. Starting in 1955, he worked for a company called Gradmann und Holler, an insurance broker company for large businesses. Kiep owned 15 percent of the company in 1982.[7] His involvement with Gradmann und Holler sparked controversy. When Kiep became minister in Lower Saxony in 1976, Volkswagen and other local companies went into business with Gradmann und Holler, creating a possible conflict of interest for the minister. Kiep also served on Volkswagen's board of directors.[8] Kiep denied abusing his power as minister, saying that the deal with Volkswagen had been financially damaging rather than profitable for his company.[7] Due to his successful business ventures, Kiep was considered to be one of the richest politicians in Germany.[9] In an interview, Kiep told Playboy that he could live well just from the interest from his savings.[8]
1955 Lutterloh Book Pdf
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