The two former CEOs Jan-Åke Jonsson and Victor Muller were among those charged by the Swedish Economic Crime Authority for serious tax crimes in the years leading up to Saab Automobile’s bankruptcy in 2011.
The former General Counsel Kristina Geers was also on trial, as well as the former head Finance Robert Schuyt, a former legal counsel, and two former accountants.
Today, all seven were acquitted by the district court in Vänersborg.
"To the extent that I've had time to read the verdict, it's devastating for the Economic Crime Authority," Kristina Geers's lawyer Per E. Samuelsson told Swedish Radio.
The investigation, which had been going on for several years, concerned fraud and a crime called “obstruction of tax control.”
The former top executives and employees were accused of having issued false invoices totalling more than SEK 30 million, obstructing control by the Tax Agency.
Victor Muller was also accused of having received payments of SEK 7 million that were falsely accounted for, and the top management was accused of having covered up the financial trouble Saab Automobile was in at the time.