Ericsson's bookkeeping practices under investigation.(Brief Article)

From: Telecomworldwire | Date: March 20, 2002 | Copyright information

TELECOMWORLDWIRE-20 March 2002-Ericsson's bookkeeping practices under investigation (C)1994-2002 M2 COMMUNICATIONS LTD http://www.m2.com

Sweden's Economic Crimes Bureau has launched a preliminary investigation to find out whether the bookkeeping practices of Ericsson amounted to tax obstruction.

The investigation will focus on invoices from 1999 worth SEK2.5bn. The money was paid to mostly foreign...

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