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Book records manipulation found at a Panalpina unit
2006-01-04 16:11:00

BASEL, Jan 4 (GCTL) - Panalpina said today that the serious misconduct of a manager at Panalpina Airfreight Management Ltd, Basel has led to losses of some CHF 33 million (US$17.08 million), and as a consequence of this incident, group CEO Bruno Sidler has resigned and has left the company.

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