Victor Muller on Saab escapade: 'Painful'

Reports say that the Swedish government wants to question former Saab chairman Victor Muller as part of an inquiry into suspected tax offenses at Saab. Muller defended payments he received from the automaker in a recent interview with me and talked about how he has moved on from painful memories of Saab. The Dutch entrepreneur rejected criticisms that his 600,000 euro ($773,000) annual pay package at Saab was too large.

Funding row erupts over road repairs

COUNCILS hit by the recent extreme weather are calling for extra funding from central Government to help meet the multi-million pound roads repair bill. The Local Government Association (LGA) wants the Department for Transport to create a highways maintenance emergency fund following the recent spate of heavy rain and flooding. But the Government said councils have been allocated their funding and should have created contingency funds themselves.

Saab: China’s Youngman submits new $2 billion offer

Youngman is committed to acquiring Saab The founder of China’s Youngman - Pang Qingnian – has revealed Youngman submitted a $2 billion offer to buy Saab from the administrators on 14th February. We’ve all seemingly written-off Saab as dead and buried; a once proud marque consigned to the scrap heap of history after the debacle of GM ownership and Victor Muller’s ill-fated battle to make Saab an in dependent marque. But there’s one man who hasn’t given up hope of securing a future for Saab, and that man is the Chinese billionaire founder of Youngman, the company which has already spent significant sums trying to acquire Saab, but has so far been thwarted by GM’s golden bullet.