Investigator Proposes Closing Sweden's Economic Crime Authority

Despite harsh criticism, former National Police Commissioner Stefan Strömberg stands by his proposal to close down the Economic Crime Authority (EBM), reports Altinget.

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Investigator Proposes Closing Sweden's Economic Crime Authority
Photo: Christine Olsson/TT

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Strömberg has led an investigation with the proposal to be submitted to Minister of Justice Gunnar Strömmer (The Moderate Party) on Tuesday, the newspaper writes. According to the proposal, investigators and police officers working at the agency will instead be transferred to the Police Authority. The purpose is, according to defense lawyer Henrik Olsson Lilja, who has been an expert in the investigation, to handle the EBM's intelligence activities, gather all activities within one authority and thus make it more streamlined.

Already in October last year, Dagens industri revealed that the Economic Crime Authority's future was threatened.

Sees risk that economic crime is down-prioritized

But the proposal is met with criticism. Employees at EBM fear that economic crime will now receive lower priority and that crime prevention will become more event-driven. Henrik Lundin, who represents Saco at EBM, points out that many of the authority's cases require time.

It took several years to investigate Falcon Funds and Allra, for example. It requires a special type of knowledge and perseverance to handle these major cases, he says to Altinget.

Need for development

The reason for the investigation is that the National Audit Office has previously conducted a review where they found that there was a need to develop the Economic Crime Authority's activities, a conclusion that the Riksdag has also drawn. Gunnar Strömmer will receive the investigation on Tuesday and then announce how the government views what it has come up with.

The fight against the criminal economy is extremely high on the agenda. For the government, it's about mobilizing even more force to strangle the criminal economy, he says to TT.

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

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