Greensill Offices, Board Members’ Homes Raided in Germany
- Investigation now looking at top managers at Greensill Bank
- Prosecutors started searches last week and are continuing
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Greensill Bank AG’s German offices and the homes of board members were raided by prosecutors in the city of Bremen investigating accounting irregularities linked to the demise of the lender.
Searches in the bank’s offices started last week and are continuing, said Frank Passade, a spokesman for prosecutors. Investigators on Tuesday also raided the homes of some of the five suspects in the probe.