Former top Saab execs charged with ‘tax avoidance’ in Sweden

Saab Job 1

Happier times at Saab as the first post-GM Saab moves down the assembly line in Trollhattan.

It’s not enough that Saab, after having been rescued by Dutch boutique carmaker Spyker and actually producing the next generation Saab 9-5 that was under final development before General Motors threw in the towel, suffered financial collapse. Now the Associated Press is reporting from Stockholm that three top Saab executive perhaps went too far in efforts to save the firm and have been arrested on accounting fraud charges.

According to the AP, “Prosecutor Olof Sahlgren says the three are ‘suspected of aggravated attempts to avoid tax controls’ by allegedly falsifying parts of Saab’s accounts between 2010 and 2011 , a crime that carries a sentence of up to four years in prison.”

Identities of the three or the positions they held with Saab Automobile AB  have not been released.