Exclusive: BT´s Italian job had London roots, say investigators
(WorldNews Business)

By Emilio Parodi MILAN (Reuters) - A criminal investigation into accounting fraud inside British Telecom`s Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in artificially inflating the division´s financial performance. Emails seized by the police and reviewed by Reuters show for the first time why Italian prosecutors allege that top BT employees were at the heart of the problem, contrary to the company`s assertions that managers at head office knew nothing about the misconduct. `A series of emails between the top financial executives of BT Plc and managers of the (Italian) unit point to the existence of `insistent` requests by the...