Homes searched in housing company fraud case

7th November 2009, Comments 0 comments

Dutch fiscal police have raided a number of premises in the Netherlands and Spain, looking for evidence in the case of Hubert Möllenkamp, a former director of a housing corporation. The prosecutor's office confirmed that police confiscated a number of documents during the search.

The Netherlands - Dutch fiscal police have raided a number of premises in the Netherlands and Spain, looking for evidence in the case of Hubert Möllenkamp, a former director of a housing corporation. The prosecutor's office confirmed that police confiscated a number of documents during the search.

When serving as director of Amsterdam's Rochdale housing corporation, Möllenkamp allegedly misappropriated funds, accepted bribes and laundered money. He is accused of having paid illegal bonuses to himself and of building up an outsize pension, and is also suspected of having been involved in real estate transactions of a dubious nature.

Rochdale corporation fired Möllenkamp in January and reported him and another corporation employee to the police.

The corporation declined to comment on the police action.

Radio Netherlands/Expatica



0 Comments To This Article