Håkan Samuelsson has sat on Volvo's voard since 2010. Photo: Diether Endlicher/Scanpix.

Volvo's new CEO under investigation for bribery

Volvo Cars' new CEO, Håkan Samuelsson, has been under investigation in Germany since September for bribery, reports newspaper Svenska Dagbladet.

"Yes, that's right that we have an investigation on Håkan Samuelsson since new information has come to light," says Peter Preuss, a spokesperson for the German Prosecution Authority.

The investigation is in connection to bribery accusations three years ago against the German truck maker MAN when Samuelsson was the head of that company. Information came forward then that MAN had bribed purchasers in Africa and Asia.

Samuelsson's alleged role in the scandal was revealed during an investigation of the former head of MAN trucks, Anton Weinmann.

The former head of Accounting for the company has said that, already in 2006, Samuelsson was connected to several cases of corruption, shell companies and fake employments.

This is new information for the prosecutors. And if the allegations are true, Samuelsson could be charged as an accomplice to bribery.

Our journalism is based on credibility and impartiality. Swedish Radio is independent and not affiliated to any political, religious, financial, public or private interests.
Du hittar dina sparade ljud i menyn under Min lista