Traverse City Record-Eagle

Business

May 21, 2013

Ex-Saab execs arrested on accounting charges

STOCKHOLM — A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges.

Prosecutor Olof Sahlgren says the three are “suspected of aggravated attempts to avoid tax controls” by allegedly falsifying parts of Saab’s accounts between 2010 and 2011 — a crime that carries a sentence of up to four years in prison.

Sahlgren wouldn’t identify the three, who worked for Saab while it was owned by Dutch luxury car maker Spyker.

 

 

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