BMW kickback scandal deepens: reports

28th November 2005, Comments 0 comments

28 November 2005, MUNICH - The bribery scandal surrounding former executives of the luxury German carmaker BMW AG has continued to deepen, according to the German weekly news magazines Focus and Spiegel.

28 November 2005

MUNICH - The bribery scandal surrounding former executives of the luxury German carmaker BMW AG has continued to deepen, according to the German weekly news magazines Focus and Spiegel.

During the last week, the Munich public prosecutor's office searched the offices of at least three BMW suppliers, the magazines reported in articles released on Saturday.

This followed concerns that the companies paid bribes totalling at least 500,000 dollars to former BMW executives.

Payments of the bribes could date back to 2001, a speaker of the public prosecutor's office told Focus.

Spiegel reported that two employees working for the suppliers had been arrested. This brought the number being held in custody in connection with the bribery scandal to six.

Seven private houses were also searched by the public prosecutor officials, the magazines reported.

The public prosecutor's action comes in the wake of allegations that a former BMW manager, who is currently also being held in custody, received bribes totalling 450,000 dollars from two other suppliers.

DPA

Subject: German news

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