SYD­NEY:

The Pak Banker - - COMPANIES/BOSS -

Fiat Chrysler Au­to­mo­biles traded charges in court with its for­mer Aus­tralia CEO, who de­nied breach­ing his le­gal du­ties and said he acted on in­struc­tions from above af­ter a law­suit by the car­maker ac­cused him of ex­ces­sive spend­ing and il­le­gally en­rich­ing him­self through com­mer­cial deals.

Fiat's civil law­suit in Aus­tralian Fed­eral Court ac­cuses Clyde An­thony Camp­bell, its lo­cal CEO from 2010 to 2013, of breach­ing the law and his con­tract by giv­ing cars to celebri­ties and in­flat­ing con­tracts to ben­e­fit his fi­nan­cial in­ter­ests. In a de­fense filed on Thurs­day, Camp­bell de­nied breach­ing his le­gal du­ties and said Chrysler Asia Pa­cific CEO John Kett and other se­nior com­pany of­fi­cials had ap­proved his ac­tions.

He said he was told the com­pany "would pull out of the mar­ket for right-hand drive ve­hi­cles if he didn't in­crease sales to 20,000 per year within three years and they didn't care how he did it". Fiat Chrysler an­nounced last week that Kett was leav­ing the com­pany to pur­sue other in­ter­ests. It made no ref­er­ence to the Camp­bell suit. Kett could not im­me­di­ately be reached for com­ment.

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