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Saab's former management prosecuted for serious economic offense

The Swedish Economic Crime Authority has today brought charges against three previous board members and two former senior executives at Saab Automobile AB.

All five have been prosecuted for gross obstruction of tax control at Vänersborg District Court, Gothenburg, Sweden.

- All five have been prosecuted for mutually having permitted booking two payments totaling of SEK 30,862,999 (3.5 million euros). This has been done by falsifying two invoices and issuing them to a Cypriot company, says Chief Prosecutor Mr. Olof Sahlgren.

As board directors, the three individuals had the overall responsibility for making sure that all business transactions in the company were recorded in accordance with the Accounting Act.

The former acting chief financial officer and the former general legal counsel, who both served during the period in question, have according to the prosecution also participated in the criminal offense.

The crime the five persons are prosecuted for is according to the charges gross, due to the amount.

All the defendants deny the charge.

Chief Prosecutor Olof Sahlgren is available to answer questions today, Friday, 19 February between the hours of 13:00 to 15:00 at telephone number:

+46-(0) 10-562 93 60

Case number at Vänersborg district court: B 1859-13.

Facts - Obstruction of tax control

A crime which has created a risk that the control activity of an authority when calculating taxes or fees is seriously obstructed.

To neglect the obligation to maintain or keep accounts could be an obstruction of tax control, as stipulated in 10 § The Swedish Tax Offenses Act.

The penalty is a fine or inprisonment for not more than two years, or if the crime is gross, to inprisonment for not less than six months and not more than four years.

Published 2016-02-19. Updated 2016-02-19

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