Berlin, Apr 29 (AP) German police have searched offices of Deutsche Bank in connection with a money laundering investigation.
The bank confirmed on Friday that its offices had been raided.
“This is an investigative measure by the Frankfurt public prosecutor's office in connection with suspicious activity reports filed by the bank," it said in a statement. "Deutsche Bank is fully cooperating with the authorities.”
German media reported that prosecutors are investigating whether the country's biggest bank failed to alert authorities quickly enough about suspicious transactions by one of its customers. (AP)
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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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