"Dr. von Zitzewitz is under investigation... in context with payments made for contracts regarding motorsport sponsoring," Infineon said in a statement, adding the company itself was not being probed and was cooperating with the authorities.
Zitzewitz and another former Infineon manager are suspected of having nudged suppliers to sign sponsorship contracts for motor racing events. Prosecutors suspect Zitzewitz of accepting kickbacks amounting to some 259,000 euros ($313,200).
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