MAN Offers Employees Amnesty Amid Investigation

FRANKFURT (AP) -- German truckmaker MAN AG on Monday offered amnesty for employees willing to come forward with information regarding alleged illegal commissions paid at the company between 2002 and 2009 and which are being investigated by Munich prosecutors.

The Munich-based company said "MAN will generally waive any potential claims for damages and refrain from dismissals" under the program to help it get to the bottom of an apparent "system to boost sales of trucks and busses."

More than 100 people are being investigated and two have been arrested.

On Sunday Pretor Erichreineke, a member of the company's executive board, confirmed that he was among those under investigation and asked to be temporarily relieved of his duties.

Prosecutors said salespeople allegedly paid about euro1 million ($1.35 million) in "bribes characterized as commission payments" to employees of MAN customers, sometimes via the accounts of relatives and friends, sometimes via letterbox firms in Malta, the Bahamas, London and New York. Investigators are now trying to determine who received money and why.

MAN shares were down about half a percent in Frankfurt at euro46.06 ($62.21).