A parking inspector and his wife have been arrested on suspicion of embezzling more than €1m (£878,000) from the parking meters of a small German town.

The unnamed municipal employee is thought to have taken coins out of parking meters in Kempten "on numerous occasions" and placed them in bank accounts that his wife had access to, local police said in a statement.

A money laundering report by a credit institution alerted investigators to the suspected theft. The parking inspector has been charged with 720 counts of theft, while his wife faces 720 counts of aiding and abetting theft.

Kempten Mayor Thomas Kiechle said he was "stunned and dismayed" by the allegations.

In October, the Kempten public prosecutor's office was informed that cash was repeatedly being deposited into several bank accounts, according to the German news agency DPA.