Just substitute in company name and alleged misbehavior and repeat over and over.
Take VW's emsissions test cheating. They broke the law, blatantly, intentionally, for 6 years that we know of, with substantial financial and competitive gains.
In Europe (most consequences were in the US), this is even more aggregious, imo. European emissions standards, vehicle taxation and such are often designed to give locals (esp VW) an advantage in the market. VW wrote a lot of the rules they broke themselves, practically.
Anyway... Back to the moderate "jobs and harmony" politician. Handing out a genuinely sufficient (enough so that crime doesn't pay, even if you only get caught every 2nd time) penalty would endanger the solvency of the (limited liability) company. That's not good for jobs.
Genuinely pursuing criminal charges against execs is something every major company, bank and such cries "disaster" over.
It's kind of a "too big to fail" problem. Does Germany/EU care more about fairness and rule of law or about the success of the biggest German company?
So this actually happens, and I agree that execs should be personally liable for damage that is done to others/the environment as result of their decisions.
Punishing companies and shareholders has too much collateral damage to innocent employees and shareholders. We should focus on criminal punishment of executives via jailtime, not via fines.