Porsche worker targeted in VW share investigation

GERMAN prosecutors have raided the apartment of another Porsche employee as part of a probe into the alleged market manipulation of Volkswagen shares<br /><br />A Porsche spokesman confirmed that another apartment had been searched last Friday.<br /><br />The apartment of an employee who is not at management board level was searched, two people familiar with the investigation said.<br /><br />During the search, material was found on a computer, one of these people said.<br /><br />Porsche has said that among the people being investigated are the former chief executive Wendelin Wiedeking and former chief financial officer Holger Haerter.<br /><br />Also being targeted is a bank in Frankfurt which has been executing trades on Porsche&rsquo;s behalf. Investigators are probing whether Porsche passed on insider information to a third party.