Swedish prosecutor closes SCA probe without charges

Industrivarden AB

15/06/2017 08:01

STOCKHOLM, June 15 (Reuters) - A Swedish prosecutor said on 
Thursday that a bribery investigation regarding representatives 
of forestry group SCA  SCAb.ST  had been closed without 
resulting in any charges. 
    SCA was thrust into the spotlight in 2014 when Swedish media 
uncovered lavish corporate spending that prompted the CEO to 
resign and led to a change of guard at Industrivarden 
 INDUa.ST , SCA's biggest owner. 
    The prosecutors probe centered on issues such as hunting 
trips organised by the company and whether these could be 
considered a bribe. 
    "The assessment today is that these actions have passed the 
statute of limitations," prosecutor Thomas Forsberg said in a 
statement.  
 
 (Reporting by Niklas Pollard, editing by Johannes Hellstrom) 
 ((Niklas.Pollard@thomsonreuters.com; +46 8 700 1110; Reuters 
Messaging: niklas.pollard.reuters.com@reuters.net)) 
 
Keywords: SCA CORRUPTION/INVESTIGATION CLOSED