Sergio Marchionne (Photo by: Agência Brasil)
Fiat Chrysler's longtime CEO Sergio Marchionne, who died July 25 in Zurich, failed to tell the FBI during questioning about an expensive Italian watch he gave to United Auto Workers Vice President General Holiefield, two unnamed sources tell The Detroit News.
Marchionne, 66, was never charged. Robert Snell reports:
The auto executive's gift of a watch to a ranking union leader could bolster any criminal case against FCA, which has been named co-conspirator in the case along with the UAW. Both organizations could face criminal charges, fines and governmental oversight.
Flanked by his white-collar criminal defense lawyer, William Jeffress, at the U.S. Attorney's Office in Detroit, Marchionne was asked by investigators whether he had given UAW leaders valuable items.
Marchionne said no, according to the two sources, who spoke under the condition of anonymity because they were not authorized to discuss the case.
Holiefield died in 2015.
