Millions paid to Swedish lotto chief
Published: 3 Jan 11 16:09 CET | Print version
Online: http://www.thelocal.se/31228/20110103/
The boss of the Swedish Postcode Lottery (Postkodlotteriet) earned close to three million kronor ($450,000) more in wages and bonuses than was previously declared, it was revealed on Monday.
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Postcode Lottery CEO Niclas Kjellström-Matseke made 5.7 million kronor ($850,000) in 2009; three million kronor ($450,000) more than the company had previously announced according to the Dagen Industri newspaper.
The company refuted claims that they had misled the public over the CEO's wage packet.
"It has been suggested that we have hidden the facts, which isn't the case. We have year on year accounting for the money received by our CEO," Fredrik Skärheden, the lotto's press secretary told the TT news agency.
He pointed out that bonuses are given retrospectively and are paid out at the beginning of the following year.
The Swedish Postcode Lottery has received criticism that despite the business model of being a market driven charity, less than half of their proceeds go to charity.
What do you think? Leave your comment below.
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but is there no government "watch dog" to police these sort of activities?
Is Sweden finally joining the 21st Century after years of bigotry? I do hope so.
Scams like this should be boycotted.
The real charity workers who give up their free time to help others and really make a difference, get nothing!
Are you living Sweden? Obviously it's going to be easier if you are 3rd/4th generation (possibly 2nd) immigrant, but there are several non-ethnic Swedes that I know holding key business organisational positions.
Apart from the obvious Trolls on here (with the suspiciously pro-Israel, Sweden-hating views) - there seems to be a lot of double standards about judging Sweden and naivety about the realities of going to a new country, with it's own language and expecting instant career success.
Anyone here actually read about the company before posting comments? http://www.postkodlotteriet.se/
Less than 50% suggests, in the very least, a poorly run operation, and expenses that far exceed what is generally acceptable.
Doesn't Sweden require that the all of its charities file annual reports that provide transparency into ALL their expenses, salaries and other expenses?
..."Doesn't Sweden require that the all of its charities file annual reports that provide transparency into ALL their expenses, salaries and other expenses?"...
How do you think the discussion started regarding his salary and bonuses? The latest accounts have been filed - with full transparency.
If you visit their website - you can read all about the organisation, the profit and non-profit structure and how they operate.
From what I see there is an association and a commercial arm - which is a full commercial entity, an AB.
The site specifically say, "PostkodLotteriet är inte: en välgörenhetsorganisation..."
The postcode lottery is not: a charitable organisation.
I aggree with Fredlocks fully!.. I live in sweden for 25 years! I know how Sweeds are, how they think and keep silence! I know how good they are to show outwards "NICE" meanwhile they boil inside.. I know how they sneer on your face and as soon as you turn your back .....Have you ever been "Invandrare" in sweden bob3000? Welll try!.. make a fake CV with foreign backgraund and seek job.. So Fredlocks has right!.. BIGOTRY is the most nice word for sweeds... The real WORD is not allowed here to put.. When it comes this guy! it is realy veird that a black guy would be vice mang. of the most unique comp. I usually suspect if any invandrare got a normal job and ask how come?!.. But this one is something you keep eye on it. it will be revealed one day...
Faktum är, jag är en invandrare.
With a real foreign background and a real CV with real foreign qualifications and jobs overseas and in Sweden.
Frankly if your Swedish is as bad as your English - I can fully see where your problems are.If it is so bad, an sfi course or even google translate might be a good start.