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Porsche's Former CFO Convicted of Fraud Over Loan in Failed Volkswagen Bid

2013-06-04 13:12:22| Automakers - Topix.net

Former Porsche SE Chief Financial Officer Holger Haerter was fined 630,000 euros by a German court for credit fraud in a criminal case over the refinancing of a 10 billion-euro loan during a failed bid to buy Volkswagen AG in 2009.

Tags: bid failed loan fraud

Category:Automotive

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