BT ON TRIAL FOR £530M ITALIAN FRAUD SCANDAL
BT will be in the dock today as a long-awaited trial over its £530m accounting scandal begins in Italy.
Prosecutors in Milan claim the telecom group's Italian unit and a network of staff sought to inflate revenues and conceal losses of £250m in a sophisticated fraud.
On trial alongside the company are 20 defendants, including two former executives.
All the accused deny charges of false accounting alleged to have been carried out in 2015 and 2016.
But the case presents a...