Panama Papers: German police raid Deutsche Bank headquarters over alleged money laundering

Deutsche Bank’s Frankfurt headquarters have been raided by 170 German police officers and officials as part of a Panama Papers-related money laundering investigation.

The investigation is focused on whether Germany’s biggest bank helped clients set up offshore accounts to transfer money from criminal activities. Police and officials searched six of the bank’s offices, and have seized a number of documents, according to the prosecutor’s office.

The public prosecutor suspects two employees, aged 50 and 46 but not yet

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