Report: Schenker Belgium accounting fraud
Deutsche Bahn has uncovered an accounting fraud stretching back a number of years at its Schenker Belgium subsidiary, Reuters reports.
“There were false accounts and we are talking about several tens of millions of euros,” a spokeswoman for Deutsche Bahn was quoted Friday.
The report gave estimates putting the amount involved in the fraud at 40 million to 50 million euros ($59-74 million).
Deutsche Bahn said the incident would not affect the books at DB Mobility Logistics, which is set for a partial privatization in the coming months.
Report: Schenker Belgium accounting fraud
