Several top names in firing line

Late on Thursday forestry company Holmen announced that the company’s chair and principle owner Fredrik Lundberg was under suspicion of bribery in connection with Holmen’s hunting trips. Early on Friday morning came the news that deputy chair of investment company Kinnevik and former Finance Minister, Anders Borg, was also under suspicion.

Hans Strandberg, Borg’s lawyer, says, “It concerns a hunting trip he took part in when he was no longer finance minister. However the prosecutor is linking the hunt to his duties as minister.” According to DI the National Anti-Corruption Unit is focusing its investigation on decisions affecting the forestry industry taking by the Ministry of Finance during Borg’s time in office.

Earlier media reports claimed that Anders Borg has paid around SKr 2,500 himself for each hunt, which is considered to be under the value of such a trip. On Friday Borg sent a text message to DI saying: “I am convinced that I have handled this correctly.”

DI reports that the prosecutor is planning to question a further three to six people who participated in the hunts.

New turn of events

On 20 March SVT reported that investment company Industrivärden had discovered a listening device at its office and reported the matter to the police. Later TV4 revealed that a GSM bugging device had been planted under a radiator in Industrivärden’s boardroom.
In an interview with TV4 in June, Sverker Martin Löf, the former chairman of the board of Industrivärden, was asked if he thought the new chairman Fredrik Lundberg lay behind the planting of the bug. Löf declined to comment, but said that Lundberg had moved forward his position after the discovery of the device.
Based on the police’s findings and sources within Industrivärden, DI can now reveal that the bug was not installed by an outsider to listen in on Industrivärden. Moreover the plan seems to have been hatched internally to discredit opponents and make the then senior management within Industrivärden appear the victim in the ongoing power struggle, say well-placed sources.
The prosecutor is now planning to close the investigation due to lack of evidence of interference from an outside party.