Author Topic: Former Saab chairman Muller to be summoned in tax inquiry, report says  (Read 2530 times)

Steve McF

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Former Saab chairman Muller to be summoned in tax inquiry, report says

Automotive News Europe | May 23, 2013 09:34 CET
 
STOCKHOLM (Reuters) -- A Swedish prosecutor wants to question Victor Muller, former chairman of Saab Autos, for an inquiry into suspected tax offenses, a Swedish newspaper reported.

Earlier this week Jan-Ake Jonsson, Saab's former CEO, ex-Chief Financial Officer Karl-Gustav Lindstroem and former general counsel Kristina Geers were arrested for questioning by Swedish prosecutors in an accounting-fraud probe.

Muller also was wanted for questioning, Svenska Dagbladet reported on Wednesday. "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 obstructed proper tax checks over the years 2010 to 2011, a turbulent time for the company when it was forced to stop production because it could not pay suppliers.

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.

Media reports have said investigators are looking into payments to Muller via an offshore company that avoided payment of payroll taxes and social contributions to the Swedish government.

Saab, a maker of cars since 1947, crashed into bankruptcy at the end of 2011, less than two years after General Motors Co. sold it to Muller's Spyker.

After Spyker bought Saab, the automaker hit financing problems and Muller spent months stitching together deals with Chinese companies. The deals were blocked by GM.

The U.S. automaker did not want its technology, which underpins Saab cars, to fall into the hands of competitors in China.

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

Automotive News Europe contributed to this report
 

 
Muller, pictured, tried to win Chinese investment to rescue Saab.
 

Steve McF

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Is this saga turning into a witch-hunt in the same way as the MG-Rover saga did?

Once friendly and supportive media turning on those that tried to save the company when it all goes wrong?? :o