Friday, January 30, 2015

The prosecutor has launched a preliminary investigation of the SCA Hank – Swedish newspaper Svenska Dagbladet

The prosecutor has launched a preliminary investigation of the SCA Hank – Swedish newspaper Svenska Dagbladet

SCA’s CEO Jan Johansson reached by the news of the investigation by SvD Business.

– I have not received any information about it, but if it is so, we will of course help as much as we can, says Jan Johansson.

Can it affect confidence in you as president?

– Since I have not seen or heard anything about it so I think it’s for early for me to comment on it.

Do you own any idea if there is a risk that you committed a crime?

– Now give me the the task, I have not heard it from someone else. But it will be a preliminary investigation, we will help all we can so that it will be fine. I can not comment on that, it is a public prosecution in that case. A preliminary investigation is a preliminary investigation, it need not be prosecuted for it.

Prosecutor Thomas Forsberg at the National Anti-Corruption Unit has launched a preliminary investigation in connection with the tours around the SCA as SvD Business and N360 revealed.

According to information provided to SvD Business and N360 have police and prosecutors already secured some proof.

– I can confirm that we have launched a preliminary investigation, said Thomas Forsberg.

– Otherwise I have no comments.

Thomas Forsberg would not comment on what type of criminal charges as the investigation applies.

SvD Business confronted SCA’s CEO Jan Johansson with the information in connection with forest and hygiene company presented its financial statements on Friday.

If the prosecutor’s office will proceed with its investigation, it may last for a long time, and the consequences can be very serious for those involved.

If it turns SCA’s aircraft used for travel has actually private purposes may involve abuse of shareholders’ money, breach of trust. It is a crime that can result in a fine or imprisonment of up to two years or if it is deemed grossly imprisonment of between six months and six years.

An investigation would to treat several of the revelations SvD Business and N360 done in recent months.

As late as Thursday could SvD Business reveal that SCA’s CEO Jan Johansson with daughter went to the World Cup in Brazil with private jets. Only the cost of the flight may be estimated at just over 3 million.

But Jan Johansson and the now departed Chairman Sverker Martin-Löf has exercised forestry and hygiene company’s private aircraft in very high extent. With the plane has been found, inter alia, wives, children, grandchildren, other relatives and dogs.

Not least, it hunts, there SCA management and its guests flown by private jet and helicopters. Among the recurring guests are businessmen who Nordea CEO Christian Clausen and Folksam Chairman Anders Sundström.

Given the duo’s positions may involve a so-called undue advantage. Mutlagen tightened recently, and the offense giving or receiving of bribes may result in a fine or imprisonment of up to two years, or – if it is deemed rough – imprisonment of between six months and six years.

It could also show that it is about tax fraud.

Since previous progress two audits of the tours around the SCA. First, the accounting firm PwC to conduct a review. Because PWC has been SCA’s auditing firm for over 30 years and also including the auditor of the SCA Chairman Sverker Martin-Löf’s private companies, met the decision sharp criticism from minority shareholders.

Earlier this week appointed SCA Therefore, Johan Munck, former president of the Supreme Court, and Svante Forsberg, Chairman of the auditing firm Deloitte, to conduct a parallel investigation. The two audits will be completed before the SCA’s Annual General Meeting on 15 April.

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