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MLP director sacked

MLP has fired Dorian Simon, the divisional board member in charge of international activities.

Simon is suspected of passing sensitive information to the media which prompted German investor magazine Bourse Online to accuse the company of creative accounting.

MLP&#39s share price has fallen 84 per cent since the allegations in May. In June the public prosecutors office siezed documents relating to the company&#39s reinsurance business from MLP&#39s Mannheim office.

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