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April 14, 2005

GERMANY: Homes searched in widening DaimlerChrysler probe

German authorities have searched the homes and offices of two DaimlerChrysler workers Wednesday as they widened a criminal investigation to include a 12th person.

German authorities have searched the homes and offices of two DaimlerChrysler workers Wednesday as they widened a criminal investigation to include a 12th person.

The investigation for possible charges of breach of trust follows allegations that company money was used to build private properties between 2001 and 2003.

Some of the former employees involved worked in the German-U.S. automaker’s sales and construction divisions. Two managers in the Mercedes sales division were fired in February.

The probe centres on allegations that former employees used company assets for private construction projects or took bribes from a business partner of the German carmaker.

German media have reported that those under investigation include a former Germany sales chief, who allegedly used company money to build a vacation house for his girlfriend in Spain.

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