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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.

Lamborghini 'their choice' says Webb

IT WILL be up to pensioners whether they spend their retirement pot on a Lamborghini, Pensions Minister Steve Webb said as he defended a relaxation of rules announced in the Budget. Critics have warned that allowing pensioners to draw down the cash rather than being forced to buy an annuity will result in some blowing the fund and relying solely on state help. The luxury Italian sport cars sell for six-figure sums.

Chicago Auto Show interactive web tour launches

Interactive media company 360° Revo and the Chicago Automobile Trade Association (CATA) has launched a web-based, interactive tour of the 2012 Chicago Auto Show. Automobile enthusiasts worldwide who could not make it to the show – the press days of which ran from 8-9 February – will be able to tour the exhibitions and even go inside specific vehicles featured at this year's show. This is the first time the CATA, producer of the Chicago Auto Show, and 360° Revo has worked together and with the media company's technology comes the ability for online users to navigate and explore the auto show floor and visit individual exhibits.