Prosecutor seeks to lift SEK
Photo: Tomas Oneborg/SvD/TT

Prosecutor seeks to lift SEK 100 million seizure against Intellego, still plans corporate fine

State Prosecutor Thomas Hertz has requested that the seizure of SEK 100 million in Intellego be lifted, reports Affärsvärlden.

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However, Hertz still expects to seek a corporate fine of 100 million kronor against the company, the newspaper writes .

Hertz's reasons for lifting the lien are that the company has a new annual report, a new independent board of directors and a provision has been made to cover the fine.

The investigation into Intellego - which manufactures and develops UV technology used in disinfection, sun protection and industry - has been ongoing since a raid in November last year.

The stock was delisted this spring and a former CEO has been charged with gross fraud, including fraudulent invoices. A former board member is also suspected of a crime.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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