HSB executive suspected of 40 million kronor fraud

The Malmö branch of HSB, one of Sweden's largest property companies, is thought to have been embezzled out of 40 million kronor, according to the National Economic Crimes Bureau. A former employee is in custody and a further two people - one of whom was a senior executive at the organisation - are under suspicion.

“This is to do with the buying and selling of properties where HSB has paid more than would be reasonable. The money has disappeared,” said prosecutor Lars Olson to news agency TT.

The man being held by police is, like the ex-boss, suspected of committing a “breach of trust against a principal”. The third person is suspected of conspiring to assist them.

A large part of the money is said to have found its way to a company in Luxembourg, but the National Economic Crimes Bureau is still unsure of who exactly has benefited from the cash.

“We know that the money has ended up in someone’s pocket, but the question is whose,” said the prosecutor.

“There are many people who could have been the ultimate recipient.”

The investigation began in the summer after a tip-off from the tax authorities. Officers have conducted several house raids and HSB has contributed with information and documents.

The managing director of HSB Malmö, Greg Dingizian, told Sydvenskan that he was “shocked” by the affair.

Prosecutor Lars Olson reckons he has a solid case against the suspects, with evidence in the form of contracts and other printed documents concerning cash transactions.

Leif Gustafsson, the lawyer for the man in custody, said that his client denies the charges.

The prosecutor has until the end of the day on Thursday to decide whether the man will be charged or released.

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TT/The Local


Swedish opposition proposes ‘rapid tests for ADHD’ to cut gang crime

The Moderate Party in Stockholm has called for children in so called "vulnerable areas" to be given rapid tests for ADHD to increase treatment and cut gang crime.

Swedish opposition proposes 'rapid tests for ADHD' to cut gang crime

In a press release, the party proposed that treating more children in troubled city areas would help prevent gang crime, given that “people with ADHD diagnoses are “significantly over-represented in the country’s jails”. 

The idea is that children in so-called “vulnerable areas”, which in Sweden normally have a high majority of first and second-generation generation immigrants, will be given “simpler, voluntary tests”, which would screen for ADHD, with those suspected of having the neuropsychiatric disorder then put forward for proper evaluations to be given by a child psychiatrist. 

“The quicker you can put in place measures, the better the outcomes,” says Irene Svenonius, the party’s leader in the municipality, of ADHD treatment, claiming that children in Sweden with an immigrant background were less likely to be medicated for ADHD than other children in Sweden. 

In the press release, the party said that there were “significant differences in the diagnosis and treatment of ADHD within Stockholm country”, with Swedish-born children receiving diagnosis and treatment to a higher extent, and with ADHD “with the greatest probability” underdiagnosed in vulnerable areas. 

At a press conference, the party’s justice spokesman Johan Forsell, said that identifying children with ADHD in this areas would help fight gang crime. 

“We need to find these children, and that is going to help prevent crime,” he said. 

Sweden’s climate minister Annika Strandhäll accused the Moderates of wanting to “medicate away criminality”. 

Lotta Häyrynen, editor of the trade union-backed comment site Nya Mitten, pointed out that the Moderates’s claim to want to help children with neuropsychiatric diagnoses in vulnerable areas would be more credible if they had not closed down seven child and youth psychiatry units. 

The Moderate Party MP and debater Hanif Bali complained about the opposition from left-wing commentators and politicians.

“My spontaneous guess would have been that the Left would have thought it was enormously unjust that three times so many immigrant children are not getting a diagnosis or treatment compared to pure-Swedish children,” he said. “Their hate for the Right is stronger than their care for the children. 

Swedish vocab: brottsförebyggande – preventative of crime