Porsche probe

German prosecutors say they are investigating the former head of the car maker Porsche and a former chief financial officer.

The investigation is part of an inquiry into allegations of market manipulation and insider trading linked to a takeover bid for Volkswagen.

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Porsche attempted to acquire a controlling 75% stake in Volkswagen through complex financial manoeuvring last year. The bid ultimately failed as Porsche built up huge and unsustainable debts.

Prosecutors launched a probe into claims of market manipulation and insider dealing associated with the aborted takeover some time ago. It's now been confirmed that former chief executive of Porsche, Wendelin Wiedeking, and former chief financial officer, Holgar Haerter, are being investigated as part of these inquiries. Both men left the company last month.

Porsche denies accusations of wrongdoing and says it's co-operating with the authorities.

Mark Gregory, BBC News

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to acquire

elde etmek; satın almak

through complex financial manoeuvring

karmaşık para transferleri yaparak

the bid ultimately failed

girişimi sonuçta başarısız oldu

unsustainable debts

altından kalkamayacağı borçlar

launched a probe

soruşturma başlattı

market manipulation

piyasayı yönlendirerek, fiyatlarda yapay iniş çıkışlar yaratarak (örneğin elindeki hisseleri birden satarak ya da çok sayıda yeni hisse satın alarak)

insider dealing

bir şirketin gizli finansal bilgilerine erişebilen kişilerin, bu bilgileri borsada kullanıp haksız ve yasadışı kazanç yaratması

aborted

durdurulan, yarıda kalan

denies accusations of wrongdoing

yanlış yaptığı, suç işlediği iddialarını reddediyor