AkzoNobel subject of €53m fraud
Published: Tuesday, 18 November 2014
The company said today that the fraud seems to be a one off incident, unrelated to any of its business activities. As immediate action has been taken and law enforcement authorities have been contacted, AkzoNobel hopes the financial effects on the business will be limited.
Dutch paints manufacturer AkzoNobel has been subject to an
external fraud involving an amount of up to €53m ($66m*)