Exclusive - BT files criminal complaint over Italy accounting scandal

Exclusive - BT files criminal complaint over Italy accounting scandal
 

British Telecom (BT.L) has filed a criminal complaint with Italian prosecutors over an accounting scandal at its Italian unit and has handed them computer records and also dispatched its head of compliance to Milan to give evidence.
In the complaint, filed on March 21 and reviewed by Reuters, BT accuses several former Italy executives and other employees of breaking company rules and unlawful conduct. It comes five months after the phone company first revealed financial irregularities at BT Italy and took the first of two write-downs totalling 530 million pounds.
The complaint is consistent... read more

 
21 April 2017 in Business, Views: 44
Source: Reuters
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