Monday, June 8, 2015

Chief Executive of Dutch Railways Forced to Resign after Scandal

Timo Huges, the chief executive officer of the Dutch state railways, NS, has resigned, effective immediately. The supervisory board has withdrawn its support of his position. NS announced that its investigations had found that statements Huges had made about his contacts with a subsidiary were “inaccurate and incomplete”. This is a euphemism for the fact Huges had falsely denied that he had leaked confidential information about a competitor to the NS subsidiary.  Huges will not receive any severance pay.

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