Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.
Swedish National Economic Crimes Bureau adds to indictment against Ericsson employees; vendor expresses 'confidence' in current employees involved
December 13, 2005
STOCKHOLM -- The Swedish National Economic Crimes Bureau today made an addition to the indictment that was made this spring against some current and former employees of Ericsson (NASDAQ:ERICY).
Chief prosecutor Lage Carlström of the Swedish National Economic Crimes Bureau in Stockholm has added to the indictment he filed this spring against some current and former employees of Ericsson for evasion of tax control. The addition concerns the way the accounting of some payments from Ericsson to Bank Austria during the years 1999 and 2000 were handled.
"We see no reason to reconsider our confidence in any of the employees still employed in the Group, based on the additional indictment", says Ericsson's Senior Vice President of Corporate Communications, Henry Sténson.
"No Ericsson employee has gained anything personally from this handling, and there is no reason to believe that any employee would risk imprisonment by trying to evade tax control on behalf of the company. Therefore our confidence in the indicted employees remains unchanged", concludes Henry Sténson.
You May Also Like
Rethinking AIOPs — It's All About the DataMar 12, 2024
SCTE® LiveLearning for Professionals Webinar™ Series: Fiddling with Fixed WirelessMar 21, 2024
SCTE® LiveLearning for Professionals Webinar™ Series: Cable and 5G: The Odd Couple?Apr 18, 2024
SCTE® LiveLearning for Professionals Webinar™ Series: Delivering the DAA DifferenceMay 16, 2024