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World IN BRIEF : GERMANY : Ex-Official Jailed for Accepting Bribes

From Times Wire Reports

A Stuttgart court sentenced Wilfried Glock, 45, a former manager of the government Treuhand privatization agency, to 5 1/2 years in jail for having accepted a total of $3.63 million in kickbacks while he was in charge of privatizing businesses in the eastern German city of Halle from 1991 to 1992. After the two German states were unified in 1990, the Treuhand agency spent more than $135.7 billion to privatize or dissolve 13,000 East German companies. Its Halle operation became known as a hotbed of corruption.


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