×
196
Fashion Jobs
3FATE TECHNOLOGIES PVT LTD
Production Manager-Garment Manufacturing- Saree, Salwar Suit & Lehenga
Permanent · Kanpur
PUMA
Manager- Ecommerce Operations
Permanent · Bengaluru
PUMA
Warehouse Manager-D2C
Permanent · Bengaluru
PUMA
Digital Marketing Manager
Permanent · Bengaluru
EXPLODE SERVICES
Quality Assurance Manager Home Furnishing Garments For Noida
Permanent · Noida
EXPLODE SERVICES
Manager ie Garment Exports
Permanent · Noida
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
By
AFP
Published
Dec 14, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Daimler, Henkel fight over F1 'ghost contract'

By
AFP
Published
Dec 14, 2009

FRANKFURT, Dec 14, 2009 (AFP) - Daimler, owner of the Formula One team Brawn GP, is locked in a battle with the chemical group Henkel after one of Henkel's directors signed a ghost sponsoring deal, a press report said on Monday 14 December.


Heidi Klum, face of Taft from the Henkel Group

The former director of sponsoring at Henkel, which makes Persil wash power, signed a contract with Brawn to invest 90 million euros (130 million dollars) over three years from March 2010, the daily Handelsblatt reported.

The only problem was that Henkel's management did not know about the deal.

In addition, for a year and a half, the man, Kai von B., allegedly issued fake outstanding bills using Henkel stationary worth 45 million euros and sold them to firms which try to collect the amounts due.

Eleven million euros of that sum have disappeared, the newspaper said.

Meanwhile, when Daimler bought the Brawn GP team in November and contacted Henkel about the sponsorship deal, the chemicals and cosmetics group realised it was being taken for a ride and fired von B.

An investigation has been launched by prosecutors in the western city of Duesseldof for embezzlement and fraud.

Henkel maintains that the contract is not valid because it was signed without the board's approval, while Daimler's lawyers maintain the former director was authorized to sign such contracts, Handelsblatt said.

Copyright © 2022 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.