Former Saab Managers Face Jail Sentence

Table of contents:

Former Saab Managers Face Jail Sentence
Former Saab Managers Face Jail Sentence

Video: Former Saab Managers Face Jail Sentence

Video: Former Saab Managers Face Jail Sentence
Video: Former SaskTel managers handed jail sentence 2024, March
Anonim

Former Saab CEO Jan Ake Jonsson and two other former executives were arrested on Monday. The trio is suspected of having falsified the Swedish automaker's balance sheet.

Three ex-executives of the Swedish car maker Saab have been arrested on suspicion of accounting fraud. These are the former CEO Jan Åke Jonsson and a former CFO and legal advisor, said the Vanersborg District Court on Tuesday. They were arrested on Monday. You are suspected of having committed accounting fraud between 2010 and 2011, said senior prosecutor Olof Sahlgren Swedish media. Ex-executives face up to four years in prison. The tax authorities filed a complaint a year ago. The trio was released on Tuesday after the interrogations.

Jonsson at the helm of Saab for six years

Saab belonged to General Motors until the beginning of 2010 and was then taken over by the small sports car manufacturer Spyker. In December 2011, Saab had to file for bankruptcy after several months without production and income.

In June 2012, Saab went to a Sino-Japanese consortium. The group called National Electric Vehicle Sweden (NEVS) wants to focus on building electric cars. Jonsson left Saab in May 2011 after six years at the helm. Victor Muller was his successor. (dpa)

Recommended: