"It is clear that the former CEO bypassed all control mechanisms, including board oversight. We were all misled by a skilled fraudster," said Greg Batcheller, chairman of Intellego, in a press release.
State Prosecutor Thomas Hertz, who is investigating the company, has requested a further extension of the travel ban for former CEO Claes Lindahl, who is suspected, among other things, of gross fraud. He has also requested an extension of the seizure of SEK 230 million.
Earlier today, Dagens Juridik reported that Svensk Exportkredit is suing the company for 11.6 million euros.
