The prosecutor is demanding at least two years in prison for Bonnesen

The prosecutor is demanding at least two years in prison for Bonnesen
The prosecutor is demanding at least two years in prison for Bonnesen

News

Published: 2022-11-24 15:08

Swedbank’s former CEO Birgitte Bonnesen is charged with gross fraud or gross market manipulation, as well as disclosure of insider information. Photo: Fredrik Sandberg/TT

The main hearing against Swedbank’s former CEO Birgitte Bonnesen is in its final stages.
Today, prosecutors Thomas Langrot and Ted Murelius pleaded and they demand that Bonnesen be sentenced to at least two years in prison, TT reports.

The trial against Swedbank’s former CEO Birgitte Bonnesen has been ongoing since October this year, i.e. eight weeks, a total of 20 trial days. After a long series of witness interviews, it is time for the prosecutors’ and defense’s closing statements.

Birgitte Bonnesen stood ready early this morning at the door to the hearing and chatted with the audience who would follow today’s hearing.

The prosecutors pleaded

The prosecutors Thomas Langrot and Ted Murelius presented on Thursday the circumstances and evidence that they believe suggests that Birgitte Bonnesen is guilty of the charges – gross fraud or gross market manipulation, and unauthorized disclosure of insider information.

It was prosecutor Ted Murelius who began Thursday’s closing arguments. He stated that the prosecution would focus mostly on count one, that is gross fraud or gross market manipulation.

According to the allegation, in October 2018 and January-February 2019, Birgitte Bonnesen had information that there were indications of extensive suspicious transactions/customers as well as information about serious deficiencies in the bank’s AML processes in Estonia during the period 2017-2018.

The prosecutors’ evidence for this is, among other things, the Financial Supervisory Authority’s decision on a penalty fee of 4 billion from March 2020 and the authority’s statement that it considered revoking the bank’s permit. The prosecutor’s side also refers to a number of AML reports that Bonnesen has read. The reports give a summary picture of how things have looked in Estonia during 2017 and 2018.

The maximum penalty for aggravated fraud is imprisonment for six years, and the penalty for unauthorized disclosure of inside information is a fine or imprisonment for a maximum of two years.

The prosecution therefore demands that Bonnesen be sentenced to at least two years in prison.

When the defense attorney Per E Samuelsson and attorney Christina Bergenstein have presented their closing statement on Friday, the trial is over.


The article is in Swedish

Tags: prosecutor demanding years prison Bonnesen

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