Few Ministers Report Conflicts of Interest Despite Shareholdings

Published:

Few Ministers Report Conflicts of Interest Despite Shareholdings
Photo: Fredrik Sandberg/TT

Only one of nine ministers who have owned shares during the current term of office has reported conflict of interest – despite having made decisions that may be stock-price affecting, according to an examination by SVT News.

If there is anything that can make a minister's impartiality be questioned, they should not be involved in deciding on the matter – which is stated in the rules of the Administrative Act.

At government meetings last year, however, three ministers who own shares in Handelsbanken and Nordea were involved and made decisions on the so-called bank tax – but none of them reported a conflict of interest according to SVT.

And despite the criticism directed at several ministers' handling of their shareholdings, after an investigation by Sveriges Radio, none of the three ministers reported a conflict of interest when it was time again in June to make a decision on the bank tax.

Conflict of interest due to shareholdings has only been reported on two occasions – by the same minister – despite the fact that nine ministers have owned shares during the current term of office.

The two occasions concern Minister for Civil Affairs Erik Slottner (KD) who owned shares in a wind power company – which he reported when the government was to make a decision on wind power. At another decision on wind power, however, his report of conflict of interest was missing.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Swede Wins 85 Million Kronor in Svenska Spel Lottery

Swede Wins 85 Million Kronor in Svenska Spel Lottery

Gävle Shooting: Municipal Leader Calls for Preparedness and Unity

Gävle Shooting: Municipal Leader Calls for Preparedness and Unity

Gävle Shooting: Pub Staff Aid Injured Victims

Gävle Shooting: Pub Staff Aid Injured Victims

Police Seek Information After Linköping Shooting Injures Man

Police Seek Information After Linköping Shooting Injures Man

Gävle Shooting: Child Suspect in "Dark and Shocking" Incident

Gävle Shooting: Child Suspect in "Dark and Shocking" Incident

Eat Sustainably: Tips from EAT-Lancet for a Healthier Planet

Eat Sustainably: Tips from EAT-Lancet for a Healthier Planet

Man Detained in Växjö on Suspicion of Murder After Woman Found Dead

Man Detained in Växjö on Suspicion of Murder After Woman Found Dead

Storm Amy Brings Heavy Rain and Disruptions Across Sweden

Storm Amy Brings Heavy Rain and Disruptions Across Sweden

13-Year-Old Arrested in Gävle Shooting; Six Injured

13-Year-Old Arrested in Gävle Shooting; Six Injured

Explosion Damages Västerås Apartment Gate; Two Minors Suspected

Explosion Damages Västerås Apartment Gate; Two Minors Suspected

Swedish Man with Gang Ties Fatally Shot in Marbella

Swedish Man with Gang Ties Fatally Shot in Marbella

Moderate Party Proposes Tougher Penalties for Stalking Crimes

Moderate Party Proposes Tougher Penalties for Stalking Crimes

Motorcyclist in 30s Dies in Västerås Accident

Motorcyclist in 30s Dies in Västerås Accident

Antarctica Faces Rapid Ice Melt Similar to Greenland, Study Reveals

Antarctica Faces Rapid Ice Melt Similar to Greenland, Study Reveals

Linköping Shooting: Man Hospitalized, Police Investigate

Linköping Shooting: Man Hospitalized, Police Investigate

Foreign Ministry Advises Against Non-Essential Travel to Madagascar

Foreign Ministry Advises Against Non-Essential Travel to Madagascar

Cyberattack Hits Karlskrona Cogeneration Plant

Cyberattack Hits Karlskrona Cogeneration Plant

Teenager Seriously Injured in Malmö Brawl Investigated as Attempted Murder

Teenager Seriously Injured in Malmö Brawl Investigated as Attempted Murder

South Korea Apologizes for Mismanaged Adoptions to Sweden

South Korea Apologizes for Mismanaged Adoptions to Sweden

Public Health Agency to Study Impact of Adults' Screen Time on Children

Public Health Agency to Study Impact of Adults' Screen Time on Children