Thursday, March 3, 2011

Renault says probe into spying claim continues

bbc.co.uk
Carmaker Renault has said that investigations are continuing into possible foreign bank accounts linked to alleged industrial espionage.
However, a lawyer for the French company said there was no clear evidence yet of accounts in either Switzerland or Lichtenstein.

He was responding to reports in France that a police probe into three former managers had so far drawn a blank.

But Jean Reinhart told Europe 1 radio that Renault remains a "victim".

Allegations that Renault was the subject of industrial espionage surfaced in January.

Three Renault managers were sacked amid a flurry of claims in the French media that a Chinese company may have sought secrets about a new electric car.

Beijing categorically denied the suggestion and Renault never confirmed that China was under suspicion.

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