Difficult to tell how the arrest of three former and one continuing employees of various GEC Plc units on charges of alleged theft, deception and false accounting, and the summons to the company to send representatives of its Marconi Co, Marconi Space & Defence Systems and Marconi Secure Radio Systems units to a Portsmouth magistrates […]
Difficult to tell how the arrest of three former and one continuing employees of various GEC Plc units on charges of alleged theft, deception and false accounting, and the summons to the company to send representatives of its Marconi Co, Marconi Space & Defence Systems and Marconi Secure Radio Systems units to a Portsmouth magistrates court will affect the Monopolies probe of the GEC Siemens Plc bid for Plessey Co but there is no doubt that the timing is exquisitely awful for GEC.
