5/27/2013

Sweden Probes Saab Payments to Chairman Muller

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Posted: May 23, 2013 at 6:26 pmSweden’s Financial Crimes Unit says it intends to question former Saab Automobile Chairman Victor Muller in connection with a criminal investigation of tax accounting at the defunct carmaker.Sweden says Muller is not accused of any wrongdoing.

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Posted: May 23, 2013 at 6:26 pm

Sweden’s Financial Crimes Unit says it intends to question former Saab Automobile Chairman Victor Muller in connection with a criminal investigation of tax accounting at the defunct carmaker.

Sweden says Muller is not accused of any wrongdoing. Muller, whose Spyker Cars NV bought Saab from General Motors Co. in 2010, tells The Wall Street Journal he has not been contacted by Swedish authorities about the probe, which has resulted in the arrests of Saab’s former CEO, CFO and general counsel.

Last year the Swedish Tax Agency demanded Muller pay an additional €236,000 ($821,000) in taxes because Saab compensated him for his work as chairman in 2010 and 2011 in the form of consulting fees. Muller says he paid the amount in November and is suing to reverse the agency’s decision.

Svenska Dagbladet reports that the financial crimes unit is focusing on €690,000 ($891,000) that Saab paid to a Muller-owned company, Latin America Tug Holding NV, which is based in the tax heaven of the Netherlands Antilles. 

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