#Misappropriation
Campbell Points Fingers At Kett, Manley, Marchionne in Defense
The court case against former FCA Australia executive Clyde Campbell is turning into a veritable who’s-who of decision makers at the company, reports The Age.
Campbell, who is charged with misappropriation of $30 million AUD of company funds, claims he had verbal permission from recently departed FCA executive John Kett, current company hotshot Mike Manley, and head of FCA Sergio Marchionne.
FCA Takes Former Australia Exec. to Court for Misappropriation of $30M
The Chrysler 300, thought by many to be a modern day “gangster” car, has tons of power. But, as they say, absolute power corrupts absolutely, and for former FCA Australia CEO Clyde Campbell, it still may not be enough to escape accusations of misappropriation of funds.
Tomorrow, FCA will take Campbell to federal court in Australia claiming he funneled money to other companies owned by himself, his wife, co-workers, and his successor – Victoria Johns.
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