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Krauss-Maffei Wegmann Raided in Probe Over Greek Sales

Krauss-Maffei Wegmann GmbH was raided by Munich prosecutors yesterday in a probe into corruption and tax evasion allegations over sales to Greece.

The raid is part of a case examining the roles of managers at the company, including the Chief Executive Officer Frank Haun, Munich prosecutors spokesman Thomas Steinkraus-Koch said by phone today. The probe was originally initiated by the company, which had conducted its own internal review.