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MPs call for parking charge reports
Wed, 23 Oct 2013COUNCILS should publish annual parking-charge reports to show where revenue comes from and where it is being used, MPs said today. The use of parking charges and fines specifically to raise revenue was "neither acceptable nor legal" said Louise Ellman, chairman of the House of Commons Transport Committee. Launching a report by her committee into local authority parking enforcement in England, Mrs Ellman said: "There is a deep-rooted public perception that parking enforcement is used as a cash cow, so it's essential that local authorities apply stringent transparency." The committee said local authorities in England had a collective parking surplus in the hundreds of millions of pounds, but that the exact amount was subject to debate.
Former Saab executives arrested in accounting-fraud probe
Tue, 21 May 2013Three former Saab executives, including former CEO Jan-Aake Jonsson, were arrested Monday on suspicion of “grave attempts to complicate tax controls” during 2010 and 2011, according to a report from Bloomberg. The Swedish Economic Crime Authority's chief prosecutor, Olof Sahlgren, declined to give the names of the arrested, but Bloomberg confirmed in court documents that Jonsson, former chief financial officer Karl-Gustav Lindstroem and formal general counsel Kristina Geers were detained. “It's about accounting measures to complicate the control operations of the tax authority regarding the calculation of taxes and fees,” Sahlgren told Bloomberg.
Porsche engineer Rolf Frech named engineering chief at Bentley
Wed, 28 Sep 2011The Porsche-ization of luxury-car maker Bentley moved another step forward on Wednesday as Rolf Frech was named as its engineering chief. Frech, who has been Porsche's director of the complete vehicle engineering group for the past decade, replaces Ulrich Eichhorn, who is set to become head of the VDA, the German auto-industry association. Eichhorn, 50, joined Bentley as engineering chief in 2003 from Volkswagen, where he had been in charge of research and development.