Former BMW employee charged with corruption

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Former BMW employee charged with corruption
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Prosecutors in Munich have charged a former senior employee of BMW with corruption and of having defrauded the German carmaker of millions of euros, a court spokesperson said on Wednesday.

The man was charged with 18 counts of commercial corruption and 33 counts of breach of trust at the expense of the carmaker, a court spokesperson said, confirming a report in German magazine WirtschaftsWoche.Register now for FREE unlimited access to Reuters.comThe former employee allegedly received 2.4 million euros in kickbacks between 2007 and 2015 in exchange for awarding consulting contracts.

In total, five people have been charged, including the managing director of a now-insolvent consulting firm who is accused of bribery, and aiding and abetting embezzlement.Register now for FREE unlimited access to Reuters.comMore from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

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