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Minister accused over healthcare shares

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09:54 CET+01:00
Sweden's minister for local government and financial markets, Mats Odell, has become the second government minister to face scrutiny for his shareholdings.

Social Democrat MP Hans Hoff has reported Odell, a Christian Democrat, to the Riksdag's Constitution Committee because he owns a large number of shares in a private healthcare company that sells services to local health authorities.

Hoff claims that Odell's shareholdings could pose a conflict of interest if the government takes decisions that benefit private healthcare companies at the same time as he is minister with responsibility for the local authorities.

"Such a clear mix of private financial interest and ministerial responsibility has as far as I know never cropped up in Sweden before. I think that this situation is unfortunate and unsustainable," he wrote in a press release.

Foreign minister Carl Bildt recently agreed to sell his shares in Vostok Nafta, a company that owns part of Russian energy giant Gazprom, after similar allegations of a potential conflict of interest.

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