Feb. 21 (Bloomberg) -- Royal Philips Electronics NV’s Hamburg, Germany office was raided by police today investigating an employee of the company accused of corruption, Spiegel reported.
A 56-year-old employee is alleged to have sent two public officials invitations to a conference in Dortmund in September, prompting 38 police officers to raid the company’s German headquarters, according to the magazine.
Steve Klink, an Amsterdam-based spokesman for Philips, confirmed that the raid had taken place and said the company was cooperating with the police with their inquiries.
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