Reuters Exclusive: British Telecom's Italian job had London roots, say investigators | Reuters News Agency

Reuters Exclusive: British Telecom’s Italian job had London roots, say investigators

A criminal investigation into accounting fraud inside British Telecom’s Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in artificially inflating the division’s financial performance. Emails seized by the police and reviewed by Reuters show for the first time why Italian prosecutors allege that top BT employees were at the heart of the problem, contrary to the company’s assertions that managers at head office knew nothing about the misconduct.

Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa
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