MAN, that’s a bill

Herald Sun - Motoring - - Big Wheels -

IF YOU thought your last bill was nasty, spare a thought for for­mer MAN chief Hakan Sa­muels­son and five other ex­ec­u­tives who have copped de­mands for a to­tal of $319 mil­lion.

The Swede was at the helm of MAN when some of its sales force paid for for­eign con­tracts for sup­ply of trucks and buses.

A Mu­nich court fined the com­pany $203 mil­lion in De­cem­ber 2009, a month af­ter Sa­muels­son had left the com­pany, for not stop­ping the bribery. He was never a suspect.

Now MAN’s su­per­vi­sory board, headed by Volk­swa­gen Group chair­man Fer­di­nand Piech, is de­mand­ing Sa­muels­son and co cough up more than the fine it­self.

The in­creased fee is be­lieved to in­clude the costs of an in­ter­nal in­ves­ti­ga­tion into the scan­dal.

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