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Suspected killer shot man dead in stake out

The Malmö police began staking out suspected serial killer Peter Mangs’ apartment two hours before he killed one of his victims, which led to his arrest.

Suspected killer shot man dead in stake out

The stake out began at four-thirty pm on October 23 last year, and started because of a tip-off. Two hours later a man was shot with bullets which could later be traced to the suspect’s weapon, according to local newspaper Sydsvenskan.

Mangs later returned to his apartment, and upon leaving again shortly thereafter, he was followed by the police.

One reason why the police waited to arrest the suspect was that they feared he would get rid of the weapon, which was a decisive piece of evidence.

“We waited. According to a tip we’d received, he’d hidden the weapon outdoors. If we’d gone into the apartment and not found a weapon we would have been screwed,” Börje Sjöholm, operative head of the police investigation, said to Sydsvenskan.

The tip which sparked the investigation and the arrest of Peter Mangs was tracked by the police to one of Malmö municipality’s computers. A friend of Mangs, living in a municipally owned home, told the police what he’d heard him say about the murders.

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CRIME

Swedish court clears former Swedbank CEO of fraud charges

Birgitte Bonnesen, a former CEO of Swedish bank Swedbank, has been acquitted of charges of fraud and sharing insider information.

Swedish court clears former Swedbank CEO of fraud charges

The ruling from the Stockholm District Court comes four years after the eruption of a money laundering scandal implicating the bank.

In 2019, Swedish public service broadcaster SVT alleged that at least 40 billion kronor (equivalent at the time to $4.4 billion) of suspicious and high-risk transactions had been channelled to Baltic countries, notably Estonia, from Swedbank accounts.

The revelations, which saw the bank’s share price crumble, rendered Bonnesen’s position untenable and she was fired.

Sweden’s financial regulator the following year fined the bank some 360 million euros and warned it to follow anti-money laundering laws.

Prosecutors later charged Bonnesen, accusing her of “intentionally or by aggravated negligence” providing false or misleading information about the steps the bank had taken to prevent and detect suspected money laundering.

Bonnesen, who risked two years in prison, denied all of the charges against her.

The court said that while some of the statements the former CEO made to media outlets had been “unclear and incomplete”, they did not amount to fraud.

“For criminal liability, it is not enough for someone to make a false statement or omit key information,” judge Malou Lindblom said, adding that any statement needed to be sufficient to influence recipients “in a certain direction”.

Bonnesen was also cleared of charges of revealing insider information by informing the bank’s main owners that the investigative documentary was coming.

The court said the former CEO had only revealed what she believed the documentary would cover, which was deemed too “imprecise” to be considered insider information.

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