September 20, 2019 / 7:37 AM / a month ago

KPN's new CEO says home, office searched in Belgian share probe - agency

AMSTERDAM/BRUSSELS, Sept 20 (Reuters) - The incoming chief executive of Dutch telecom firm KPN, Dominique Leroy, said Belgian police had searched her home and office in connection with a probe into her sale of shares in Proximus, the firm she is leaving, Belga news agency reported.

Belgium’s stock market watchdog FSMA said on Sept. 6 it was looking into the share transaction as part of a “standard procedure.” Leroy, who leaves Proximus on Friday and is due to start work at KPN on Dec. 1, denies any wrongdoing.

KPN spokeswoman Victorina de Boer said KPN was aware of the Belgian investigation but had no further immediate comment.

Reporting by Toby Sterling and Phil Blenkinsop Editing by Edmund Blair

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