Wednesday, 20 April 2016

Sweden ends investigation of former Swedbank CEO without charges, he says


Michael Wolf, former President and CEO of Nordic-Baltic banking group Swedbank, presents the company's …
STOCKHOLM (Reuters) - Swedish authorities have closed a preliminary investigation into former Swedbank CEO Michael Wolf without pressing charges, he said on Wednesday.
The bank said in February it had reported its former chief executive, who was fired earlier in the month, to authorities for suspected financial crimes.
"I am relieved that it is now proven that I am completely innocent of the charges brought against me," Wolf said in a statement.
(Reporting by Daniel Dickson; editing by Niklas Pollard)

Culled from Reuters

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