The real estate group is also being criticized for its decision to put all new construction projects on hold for this year.
(Photo: imago images/Ina Fassbender)
Frankfurt Investigators searched the headquarters of Germany’s largest residential group Vonovia on Tuesday. The police and prosecutors are investigating suspicions of a possible corruption scandal, as the Dax 40 group announced. “Today, the investigative authorities looked at our documents because Vonovia apparently suspected problematic processes in the awarding of contracts to subcontractors,” said a spokeswoman for the company in Bochum.
The public prosecutor’s office “apparently raises allegations against individual employees at the operational level in the technical area,” it said. As the injured party, Vonovia cooperates fully with the authorities and grants them access to the necessary documents.
“We are very interested in a quick and comprehensive clarification of the allegations,” emphasized the spokeswoman. The WDR and the “Süddeutsche Zeitung” were the first to report on the raid.
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