"I can't go into exactly what has strengthened the suspicions, but they have been strengthened quite a bit," he tells the newspaper.
The already detained Claes Lindahl is suspected of misleading the market with the aim of inflating the value of Intellego's shares, according to a previous statement by the prosecutor.
Negotiations for 100 million
Hertz's statement to the newspaper comes ahead of this week's expected court hearings regarding the 100 million kronor of the company's money that was frozen in connection with the dawn raid.
Intellego shares, listed on Nasdaq First North Growth Market, have been suspended since the Swedish Economic Crime Authority (EBM) launched a dawn raid on the company on Tuesday last week. The suspension has been extended by the Financial Supervisory Authority (FI), whose press service confirmed to TT on Monday that there is still not enough information about Intellego to resume trading in the shares.
Nasdaq Stockholm Stock Exchange has also initiated a process to delist the share, but has given Intellego until December 5 to comment on the matter before it is taken up for decision by the exchange's disciplinary committee.
Delisting can take weeks or months
The exchange does not want to comment on the course of the process after December 5 in this individual case. Press manager Erik Gruvfors writes to TT:
"It is difficult to give an exact timeframe for the disciplinary committee's processing, as this varies depending on the complexity and scope of the case. Normally, a case can take anywhere from a few weeks to a couple of months from the time it is submitted to the disciplinary committee until a decision is made."
Claes Lindahl has been fired as CEO of Intellego since he was arrested on suspicion of gross fraud and has been replaced with immediate effect by acting CEO Jacob Laurin, who is also a board member of the company.
