Businessman in Cyprus linked to Malmfälten tax scandal

Date:

A 50-year-old businessman from Gällivare, believed to be a central figure in a major corporate tax scandal in Malmfälten, may be extradited from Cyprus to Sweden for questioning, according to Swedish newspaper Norrländska Socialdemokraten.

Prosecutor Mikael Bäckström told the paper that efforts have already begun through Eurojust, the EU’s judicial cooperation agency. “I’ve started pulling some strings and made contact via Eurojust,” he said, in reference to the ongoing investigation.

As noted by the blog Hyperboreoi, the businessman was sentenced earlier this summer to 18 months in prison in Cyprus. This means he could be extradited to Sweden as early as 6 March next year.

According to the report, the 50-year-old is suspected of multiple counts of serious tax evasion, fraud, and major violations of accounting laws. “The man from Gällivare has not yet been questioned in relation to the written evidence we’ve gathered,” Bäckström emphasised.

The case in Malmfälten has been described by Dagens Industri as one of Sweden’s largest ongoing investigations into financial crime.

Also read: EU debates Chat Control: is this the end of privacy?

For more videos and updates, check out our YouTube channel.

Share post:

Popular

More like this
Related

Drone warnings and sheltering in airports: South Korea heatwave

South Korea authorities are deploying drones to issue heat...

Alex Michaelides’ The Silent Patient among top 50 thrillers of the 21st century

The Silent Patient has received another major international distinction...

Turkey holds territory in Syria and Cyprus, yet accuses Israel, says Saar

The Israel-Turkey dispute intensified after Israeli Foreign Minister Gideon...

EU funds project to restore safe education access in Ukraine

The European Union has launched an 18-month education recovery...