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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.
Car insurance cost at four-year low
Thu, 10 Apr 2014THE COST of insuring a car has fallen to a four-year low as motorists benefit from a record 19% drop in average premiums compared with a year ago. The Confused.com car insurance price index, in association with Towers Watson, reveals the average cost of comprehensive car insurance in the first quarter stood at £596, a drop of £140 against this time last year. The figure, including a reduction of 7.5% on the previous quarter, means that average premiums have dipped below £600 for the first time since late 2009.
Now your wheels can light up Christmas, too!
Thu, 19 Dec 2013GloRyder By now, you've probably finished decking your halls with boughs of holly and pinning Christmas lights to the outside of your house, but have you considered illuminating your car's wheels, too? Well if an American company has its way, you could soon be doing just that. And better still, you could be able to control the lights from your smartphone.