Sweden to summon former Saab chairman in tax inquiry: report

STOCKHOLM Thu May 23, 2013 3:03am IST

Swedish Automobile Chief Executive Victor Muller speaks to media during a news conference in Trollhattan, southwestern Sweden, December. 19, 2011. REUTERS/Bjorn Larsson Rosvall/Scanpix

Swedish Automobile Chief Executive Victor Muller speaks to media during a news conference in Trollhattan, southwestern Sweden, December. 19, 2011.

Credit: Reuters/Bjorn Larsson Rosvall/Scanpix

Stocks

   

STOCKHOLM (Reuters) - A Swedish prosecutor wants to question Victor Muller, former chairman of bankrupt carmaker Saab, for an inquiry into suspected tax offences, a Swedish newspaper reported on Wednesday.

Swedish prosecutors on Tuesday questioned Saab's former Chief Executive Jan-Ake Jonsson and two other executives as part of its tax investigation.

Sweden's Svenska Dagbladet, referring to court documents which it had obtained, said Muller also was wanted for questioning.

"Victor Muller is going to be called into the Financial Crimes Unit," Chief Prosecutor Olof Sahlgren told the paper.

Neither Muller nor the prosecutor's office were immediately available when contacted by Reuters.

Prosecutors are looking into allegations that executives at Saab, which collapsed in 2011, obstructed proper tax checks over the years 2010 to 2011, a turbulent time for the company, when it was sold by General Motors to small Dutch sports car maker Spyker, and when problems which led to its collapse emerged.

The Financial Crimes Unit has given no details of exactly what it alleges happened to prevent the tax office carrying out its checks except that it involved measures taken when company accounts were drawn up.

Saab, a maker of cars since 1947, crashed into bankruptcy at the end of 2011, less than two years after General Motors (GM.N) sold it to Dutch sports-car group Spyker.

Spyker soon hit financing problems and spent months stitching together deals with Chinese companies.

GM, which retained licensing rights and operates in China in a partnership with state-run automaker SAIC Motor Corp Ltd (600104.SS), late in 2011 effectively blocked deals with other Chinese companies.

Spyker has filed to sue GM for $3 billion, saying it deliberately let Saab go under. GM has rejected the allegation.

(Reporting by Mia Shanley; Editing by Michael Roddy)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

RBI Policy Review

RBI Policy Review

RBI keeps rates on hold, warns on inflation  Full Article 

Monsoon Season

Monsoon Season

India's 2014 monsoon ends with double-digit rain deficit .  Full Article 

Cleanliness Drive

Cleanliness Drive

Modi orders officials to clean loos on Gandhi's birthday.  Full Article 

Bid to Boost Trading

Bid to Boost Trading

RBI takes small steps to deepen markets.  Full Article 

Car Recall

Car Recall

Maruti Suzuki says to recall 69,555 cars.  Full Article 

China Factory Data

China Factory Data

China final HSBC PMI steady in September on stronger global demand but risks remain  Full Article 

Oil Demand

Oil Demand

India's thirst for oil grows even as China cuts back  Video 

EBay Divests PayPal

EBay Divests PayPal

EBay to spinoff PayPal in 2015  Full Article 

New 'Windows'

New 'Windows'

Microsoft names next operating system 'Windows 10'.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage