German prosecutors probe alleged tax evasion by tax advisers

German investigators have searched offices of accountancy firm PricewaterhouseCoopers and the homes of current and former employees in a probe of alleged tax evasion by tax advisers

German investigators searched offices of accountancy firm PricewaterhouseCoopers and the homes of current and former employees Tuesday in a probe of alleged tax evasion by tax advisers.

The searches took place at offices in Frankfurt, Berlin, Duesseldorf, Hannover and Stuttgart, and at the apartments of four current senior employees and four former senior employees, prosecutors in Frankfurt said in a statement.

PwC confirmed the searches and said it was cooperating fully with authorities, German news agency dpa reported.