Tuesday, May 21, 2013

Three Former Saab Execs Jailed for Accounting Fraud Charges


Saab, in its current form, is taking a break from making cars, but they should at some point start building an electric vehicle, or at least that was the announced plan when the company was taken over, a while back. However, other interconnected stories have been cropping up ever since, and the name Saab has been in the news quite a lot, despite the fact that the company is for all intents and purposes, dead.

This time we bring you a story about three unnamed, former company executives who were recently put behind bars for accounting fraud. According to The Detroit News, they are “suspected of aggravated attempts to avoid tax controls” – fixing Saab’s accounts in 2010 and 2011, while the company was under the control of Spyker. In Sweden, this brings about a four-year prison sentence.

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