Building firm sues ex boss for €65m

Building firm Ballast Nedam has begun legal proceedings against a former director and several others in an effort to claw back €65m, news agency ANP reports.

Former divisional director Peter F was last year found guilty of one case of fraud, but was not punished by the Groningen court because it said the publicity surrounding the case was extremely damaging to him.
The fraud was discovered following a tax office tip-off, three years after F had retired.
The company is now trying to recover the cash via a civil procedure.

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