FRANKFURT (Reuters) - German prosecutors are considering filing charges against 11 Deutsche Bank (DE:DBKGn) employees following an investigation into a six-year-old tax fraud linked to trading of carbon certificates, a German magazine reported on Friday.
A report on the conclusions of the investigation cited suspicions the employees may have sought to evade taxes in a way benefiting Deutsche Bank, Focus magazine cited the report as saying.
Frankfurt state prosecutors on Friday said the probe is continuing, adding they are investigating a total of 26 current or former employees of a large German bank, including 17 on suspicion of tax evasion, five for money laundering and four for obstruction of justice.
Deutsche Bank declined to comment on the case.