Thursday, May 6, 2010

Former Michelin executive guilty of trying to sell company secrets


etyres.co.uk

A former Michelin tyres executive has been found guilty of trying to sell company secrets to the firm’s main rival Bridgestone.

Marwan Arbache faces a maximum 10-year jail sentence and a heavy fine after sending an email offering to sell confidential information for around £100,000 back in July 2007.

Michelin was tipped off by Bridgestone and the Japanese competitor ultimately helped its French rival nail the suspect.

Arbache, 34, who worked for Michelin for seven years, was charged with supplying information to a foreign company that could have “undermined the country’s fundamental interests”, violating trademark secrets and breach of trust.

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