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Former Saab executives arrested in accounting-fraud probe

Three 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.

Mustang logo inspired by football game?

Did inspiration strike Lee Iacocca during a football game at the University of Michigan 50 years ago? At the time, Iacocca was a vice president with Ford Motor Co., which was preparing to roll out a new sports car the following spring. On Sept.

Bored of wheels? Wings are up for auction

ONE-TIME opportunities don't come much rarer than having a chance to buy the only Panavia Tornado F3 in private hands anywhere in the world. Or a Harrier jump jet, if you prefer, and what's more the Harrier's flying days might not be over. That's right: alongside around 100 classic cars and motorbikes, Silverstone Auctions is to sell both of these astonishing pieces of British aviation history – with no reserve.