Porsche offices raided in tax probe
Edward Taylor
Frankfurt | German prosecutors are investigating the chief executive of Volkswagen's Porsche business, Oliver Blume, over a possible breach of fiduciary trust tied to payments made to a Porsche works council member, a newspaper reported on Wednesday.
By approving the payments, Blume and other Porsche staffers may have contributed towards a misuse of corporate funds, the Stuttgarter Nachrichten said, without citing sources.
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Reuters
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