Philipsburg: --- Police raided the home of Hans Phfenings as well as his Trust Company on Wednesday. Prosecutor Rienk Mud confirmed the search. He said documents were seized since there are suspicions of money laundering and the forging of documents.
Mud said the documents that were seized are being studied at the moment.
No further details on the case have been forthcoming.
SMN News will bring you more information when it becomes available.