Author Topic: German prosecutors raid Porsche in corruption probe  (Read 915 times)

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German prosecutors raid Porsche in corruption probe
« on: Tuesday, May 28, 2019 04:15 am »
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German prosecutors raid Porsche in corruption probe
 28/05/2019 - 13:50

Prosecutors in Stuttgart said they raided German sports car maker and Volkswagen subsidiary Porsche on Tuesday on suspicion that an auditor was bribed to pass information to the company's tax advisor.

The investigators suspect that "an official from the Stuttgart business audit office revealed confidential information to a tax advisor of Porsche AG and accepted benefits in exchange," they said in a statement.

Almost 200 police and prosecutors searched the luxury carmaker's offices, tax collectors' offices, a tax advisor's office and private homes in and around Stuttgart for paper and digital documents.  ...

Earlier this month, Porsche agreed to pay a fine of 535 million euros ($669 million) over its role in the separate "dieselgate" emissions cheating scandal. ...
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