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General

BT files criminal complaint over Italy accounts fraud-report

Monday 24 April 2017 | 08:32 CET | News
British Telecom has filed a criminal complaint with Italian prosecutors over the accounting scandal at its Italy unit in which it alleges that the company itself is a victim of any fraud that may have occurred. In the complaint filed on 21 March and seen by Reuters, the company said it suffered financially from the unlawful conduct because the inflated results at BT Italia meant that it had paid bonuses to staff who did not merit them and that it had also paid taxes on income that did not exist. BT has handed prosecutors computer records and sent its head of compliance to Milan to give

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Categories: General
Companies: British Telecom / BT / BT Italia
Countries: Italy
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