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Deutsche Bank spy probe needs more time

Posted on August 24, 2009 by pogowasright.org

Frankfurt prosecutors said it would take until mid-September at the earliest to conclude a preliminary probe into a spying affair at Deutsche Bank (DBKGn.DE). “We still need a few weeks,” a spokeswoman for the prosecutor’s office said on Monday, after previously saying the probe might be completed around the end of August.

The probe by the prosecutor’s office comes in addition to investigations by German regulator Bafin and the data protection authorities of the State of Hesse and could result in a criminal probe of the bank.

Read more from Reuters

Category: BreachesNon-U.S.Surveillance

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