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Trustor Affair
The Trustor affair involved the takeover in the summer of 1997 of a Swedish investment company listed on the Stockholm Stock Exchange. It was initially believed that following the takeover 600 million SEK had disappeared from the company's accounts.Trustor ABs annual report 1997 Later, when all assets had been accounted for and the company had been liquidated, the shareholders had almost doubled the value of their shares as an indirect result of the takeover. It is one of the largest financial cases in Swedish history. Course of events In 1997 several individuals including the British lord Jonathan Guinness, Lord Moyne, planned the take over of the Swedish investment company Trustor AB. Team Moyne had initially identified a couple of companies which matched the criteria making them suitable for takeover, of which Trustor was one. In January 1997 Jisander contacted Erik Penser Fond Commission (EPFC). Mattson and Jisander met with EPFC as representatives for Lord Moyne who wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stockholm Stock Exchange
Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange ( sv, Stockholmsbörsen), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total of 832 companies are listed on Nasdaq Stockholm with 385 companies on the main market and additional 447 listed on secondary markets (Nasdaq First North and Nasdaq First North Premier). History The Stockholm Stock Exchange was acquired by futures exchange OM in 1998. After OM merged with the Helsinki Stock Exchange to form what is now OMX in 2003, the Stockholm and Helsinki exchanges' operations were merged. Since 2008, the Stockholm Stock Exchange has been part of Nasdaq, Inc. (formerly called ''Nasdaq OMX Group'') and its Nasdaq Nordic markets. As of October 2014, the exchange operated under the legal name ''Nasdaq OMX Stockholm AB'' (renamed ''Nasdaq Stockholm AB'' in 2015). Prior to the introduction of electroni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Svenska Dagbladet
''Svenska Dagbladet'' (, "The Swedish Daily News"), abbreviated SvD, is a daily newspaper published in Stockholm, Sweden. History and profile The first issue of ''Svenska Dagbladet'' appeared on 18 December 1884. During the beginning of the 1900s the paper was one of the right-wing publications in Stockholm. Ivar Anderson is among its former editors-in-chief who assumed the post in 1940. The same year ''Svenska Dagbladet'' was sold by Trygger family to the Enterprise Fund which had been established by fourteen Swedish businessmen to secure the ownership of the paper. The paper is published in Stockholm and provides coverage of national and international news as well as local coverage of the Greater Stockholm region. Its subscribers are concentrated in the capital, but it is distributed in most of Sweden. The paper was one of the critics of the Prime Minister Olof Palme, and in December 1984 it asked him to resign from the office following his interview published in ''Hufvud ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1997 In Sweden
Events from the year 1997 in Sweden Incumbents * Monarch – Carl XVI Gustaf * Prime Minister – Göran Persson Events * 1 January **Skåne County is founded following a merger of the counties of Kristianstad and Malmöhus. **Kopparberg County is renamed Dalarna County. * 13 September-13 December - Planet 24 premiered the first season of a critically acclaimed reality game show franchise, ''Expedition Robinson'', formally known as ''Survivor''. The first series to use the formalized name would not occur until its debut on 31 May 2000. Coincidentally, both seasons were shot in islands of Malaysia. The first season was won by police officer Martin Melin. * Date unknown: The inaugural International Science Festival in Gothenburg is held. Popular culture Literature *Date unknown: ''April Witch'', novel by Majgull Axelsson, winner of the August Prize. Sports * 1 January: The 1997 Allsvenskan was won by Halmstads BK * 9 February: Sweden win the 1997 Bandy World Championship as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fraud In Sweden
In law, fraud is intent (law), intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate Civil law (common law), civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, for example by obtaining a passport, travel document, or driver's license, or mortgage fraud, where the perpetrator may attempt to qualify for a mortgage by way of false statements. Internal fraud, also known as "insider fraud", is fraud committed or attempted by someone within an organisation such as an employee. A hoax is a distinct concept that involves deliberate deception without the intention of gain or of mat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aftonbladet
''Aftonbladet'' (, lit. "The evening paper") is a Swedish daily newspaper published in Stockholm, Sweden. It is one of the largest daily newspapers in the Nordic countries. History and profile The newspaper was founded by Lars Johan Hierta in December 1830 under the name of ''Aftonbladet i Stockholm'' during the modernization of Sweden. Often critical and oppositional, the paper was repeatedly banned from publishing. However, Hierta circumvented the bans by constantly reviving the paper under slightly modified names, as, legally speaking, a new publication. Thus, on 16 February 1835, he issued the first edition of New Aftonbladet, which would – after yet another ban – be followed by Newer Aftonbladet, in turn followed by Fourth Aftonbladet, Fifth Aftonbladet, and so on. In 1852 the paper began to use its current name, ''Aftonbladet'', after a total of 25 name changes. It currently describes itself as an "independent social-democratic newspaper." The owners of ''A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embezzlement
Embezzlement is a crime that consists of withholding assets for the purpose of conversion of such assets, by one or more persons to whom the assets were entrusted, either to be held or to be used for specific purposes. Embezzlement is a type of financial fraud. For example, a lawyer might embezzle funds from the trust accounts of their clients; a financial advisor might embezzle the funds of investors; and a husband or a wife might embezzle funds from a bank account jointly held with the spouse. The term "embezzlement" is often used in informal speech to mean theft of money, usually from an organization or company such as an employer. Embezzlement is usually a premeditated crime, performed methodically, with precautions that conceal the criminal conversion of the property, which occurs without the knowledge or consent of the affected person. Often it involves the trusted individual embezzling only a small proportion of the total of the funds or resources they receive or co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dagens Nyheter
''Dagens Nyheter'' (, ), abbreviated ''DN'', is a daily newspaper in Sweden. It is published in Stockholm and aspires to full national and international coverage, and is widely considered Sweden's newspaper of record. History and profile ''Dagens Nyheter'' was founded by Rudolf Wall in December 1864. The first issue was published on 23 December 1864. During its initial period the paper was published in the morning. In 1874 the paper became a joint stock company. Its circulation in 1880 was 15,000 copies. In the 1890s, Wall left ''Dagens Nyheter'' and soon after, the paper became the organ of the Liberal Party. From 1946 to 1959, Herbert Tingsten was the executive editor. The newspaper is owned by the Bonnier Group since 1909, when Karl Otto Bonnier acquired the remaining shares that his family had not owned (his father Albert had already acquired some shares since 1888). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joachim Posener
Joachim Ralph Posener, (born 17 January 1964 in Lidingö) is a Swedish financier and author. Posener is a lawyer by educated who was active in the Swedish finance trade from the late 1980s to the end of the 1990s. He became publicly known in November 1997 after having been accused by the media as being the mastermind behind Jonathan Guinness, 3rd Baron Moyne, Lord Moynes acquisition of the Swedish publicly traded company Trustor AB. The company acquisition, which later become known as the Trustor affair eventually ended with one of Lord Moynes "Team" members, Thomas Jisander, being sent to a prison term. When Swedish police acted against Lord Moyne and his "team" in October 1997 Posener happened to be abroad, and he chose then according to his own statements to not return to Sweden. This became very well publicized in Swedish media and also led to Posener being hand down an international arrest warrant. According to his own statements he was at first for some time in Spain, and la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquidation
Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust") or voluntary (sometimes referred to as a ''shareholders' liquidation'', although some voluntary liquidations are controlled by the creditors). The ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stockholm District Court
Stockholm District Court ( sv, Stockholms tingsrätt) is a Swedish district court in Stockholm. Stockholm District Court is Sweden's largest public court and is located in Stockholm Court House on Kungsholmen in Stockholm. History The Stockholm District Court was established in Stockholm through the district court reform of 1971 and thereby replaced Stockholm City Court. The judicial district was formed by the Stockholm City Court's judicial district, that is, the City of Stockholm, which in 1971 was transformed with unchanged scope to Stockholm Municipality. The district court took over the Stockholm City Court's premises in Stockholm Court House. On 1 April 2007 the district court's judicial districts (''domsaga''), was divided into three parts, in which the part Söderort was moved over to Södertörns domsaga and Västerort moved over to Solna domsaga. Simultaneously Lidingö Municipality was added to the judicial district from the dissolved Södra Roslags domsaga. After ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law Enforcement In Sweden
Law enforcement in Sweden is carried out by several government agencies, under the guidance of the Government of Sweden. Structure The administration of both law enforcement and the judiciary of Sweden falls under the Ministry of Justice, a cabinet-level department in the government of Sweden, headed by the Minister of Justice. The Ministry is primarily concerned with policy-making and legislation. The actual day-to-day administration is the responsibility of agencies, such as the Swedish Police Authority ( sv, Polismyndigheten). The organization mainly tasked with law enforcement is the Swedish Police Authority. In addition, under certain circumstances, other government agencies can be tasked with law enforcement, including investigations, arrest/probationary powers, or enforcement of judgements. Just like in the United States, Swedish law has provisions similar to the U.S. Posse Comitatus Act which limits the use of the military to perform the tasks of law enforcement agen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
