SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Former Swedbank CEO receives verdict in Court of Appeal

» Updated: 08 October 2024, 11:45

» Published: 09 September 2024

Former Swedbank CEO receives verdict in Court of Appeal
Photo: Stina Stjernkvist/SvD/TT

The former Swedbank CEO Birgitte Bonnesen, who is charged with gross fraud and disclosure of insider information, will receive her verdict in the Svea Court of Appeal on Tuesday.

Bonnesen was fully acquitted by the Stockholm District Court in January 2023, but the verdict was appealed by the prosecution.

We have requested a prison sentence of no less than two years, says Ted Murelius, one of the two prosecutors in the case.

According to the indictment, Bonnesen provided misleading information about Swedbank's actions against money laundering in Estonia. The indictment does not concern money laundering itself, but rather Birgitte Bonnesen's communication about what she knew as the highest executive.

The suspicion of disclosure of insider information concerns information she allegedly provided to the bank's major shareholders about SVT's "Mission: Investigation" program, which was to be broadcast about Swedbank, information that was not publicly disclosed at the time.

Bonnesen has consistently denied any wrongdoing.

The Court of Appeal will announce its verdict at 2 pm on Tuesday.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Upwards on Asian Stock Exchanges
1 MIN READ

Upwards on Asian Stock Exchanges

Housing prices continue to fall – no giant leap expected
2 MIN READ

Housing prices continue to fall – no giant leap expected

Trump promises to block controversial steel deal
1 MIN READ

Trump promises to block controversial steel deal

Central Bank Member Conditions More Rate Cuts
1 MIN READ

Central Bank Member Conditions More Rate Cuts

The Judge Continues to Block Musk's Mega-Payout
1 MIN READ

The Judge Continues to Block Musk's Mega-Payout

Continued Upward Trend on Wall Street
1 MIN READ

Continued Upward Trend on Wall Street

New CEO for Northvolt in Skellefteå
1 MIN READ

New CEO for Northvolt in Skellefteå

Corona funds soon to arrive in Sweden
1 MIN READ

Corona funds soon to arrive in Sweden

Harsh criticism of how new nuclear power will be financed
3 MIN READ

Harsh criticism of how new nuclear power will be financed

Vattenfall stops carbon dioxide capture
1 MIN READ

Vattenfall stops carbon dioxide capture

Intel's stock rises after CEO's departure
1 MIN READ

Intel's stock rises after CEO's departure

Norwegian oil discovery in the southern North Sea
1 MIN READ

Norwegian oil discovery in the southern North Sea

New Low for Indian Currency
1 MIN READ

New Low for Indian Currency

Restart of diesel refinery delayed
1 MIN READ

Restart of diesel refinery delayed

The Danish state buys majority of Kastrup
1 MIN READ

The Danish state buys majority of Kastrup

He becomes the new CEO of the Federation of Swedish Enterprises
1 MIN READ

He becomes the new CEO of the Federation of Swedish Enterprises

EQT invests in British electricity meter company
1 MIN READ

EQT invests in British electricity meter company

Substantial Price Hike for Biodiesel
1 MIN READ

Substantial Price Hike for Biodiesel

Large electricity price differences – risk of gas price shock
1 MIN READ

Large electricity price differences – risk of gas price shock

Heavy pressure downward on car stocks
1 MIN READ

Heavy pressure downward on car stocks