Play 23 different addictive eWoss Games. It's FREE! Win money!
eWoss News
Home  News  Sports  Games
   
Welcome Guest
   Sign Up | Sign In
Business News
Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance

eWoss News
Breaking News Headlines
Top News Stories
U.S. National News
World News
Sports News
Business News
Entertainment News
Tech Industry News
Political News
Science News
Health News
Weird News

eWoss NewsBar
Free News Headlines Embedded in Your Browser

eWoss Sports
eWoss Sports Home
NFL
NBA
NCAA Football
College Hoops
NHL
MLB

Latest Business News

Report: Exec Posing As VW Adviser Arrrested

Friday, August 12, 2005 11:50:57 AM

NEW DELHI (AP) - An executive claiming to be an adviser to Volkswagen AG has been charged with allegedly cheating a southern Indian state government of 117 million rupees ($2.4 million) for setting up a VW plant, a news report said Friday.

The Central Bureau of Investigation arrested Ashok Jain from Gurgaon, a suburb of New Delhi where offices of numerous multinational companies are located, on Thursday and seized his bank accounts, Press Trust of India news agency said.

The CBI later flew Jain to Hyderabad, the capital of Andhra Pradesh state, where the car plant was to be set up for further investigation into the case, PTI said. Other details were not immediately available.


Would you like to read the rest of this article?

Register with us. It's free!

Registered users have complete access to all articles.

The registration process takes less than one minute to complete. Remember, there is absolutely no charge for this service.

So please sign up or sign in to enjoy unrestricted access to eWoss News.

Other Latest Business News

SEC adopts new rules for credit-rating agencies 2:26PM CT
EU to push for Caspian gas line 2:16PM CT
Oil prices waver on skimpy crude inventory report 2:13PM CT
P&G invests in British grocer 2:06PM CT
Brazil's Vale cuts 2.1 percent of workforce 2:02PM CT
Chrysler exec: failure could spark depression 2:01PM CT
Costa Rica ousts top 2 intel officials 1:57PM CT
FDA approves new heart device wires from Medtronic 1:55PM CT
Brazil's currency hits 3-year-low 1:52PM CT
Cleveland Clinic disclosing doctors' business ties 1:23PM CT

   

© 2008 eWoss.com. All trademarks are the property of their respective owners. All Rights Reserved.
Copyright 2005 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.