FRANKFURT Dec 19 One of four Deutsche Bank
employees in custody following raids by public
prosecutors last week in a carbon tax fraud probe at Germany's
biggest lender has been released.
"Our suspicions over the risk of suppression of evidence
have been laid to rest," lead prosecutor Guenter Wittig told
Reuters on Wednesday, adding the person had been released on
Tuesday evening without bail.
The three other Deutsche Bank employees remain in custody.
Wittig declined to comment on the name or function of the
Prosecutors are investigating 25 Deutsche Bank employees on
suspicion of severe tax evasion, money laundering and
obstruction of justice in the case, which focuses on tax evasion
linked to tax credits and a scheme involving the trading of
Five staff were arrested in the raids last week, though one
of them was later released on health grounds.
Some 500 tax inspectors, police and prosecutors searched
offices and private residences in Berlin, Duesseldorf and
Frankfurt, including Deutsche Bank's landmark twin-tower
Co-Chief Executive Juergen Fitschen and Chief Financial
Officer Stefan Krause are also involved in the investigation.
Fitschen was criticised by German politicians from across
the spectrum for a phone call to a senior local politician to
complain about the raid.
(Reporting by Kathrin Jones; Writing by Jonathan Gould; Editing
by Hans-Juergen Peters)