A voice for newcomers in Sweden

Malmö businessman in custody for insider trading

Victoria Park last year took a major stake in Tornrosen in Rosengård. Photo: Rosengård Fastigheter

Published: 09.Oct.2018 20:56 hrs

One of Malmö’s leading business owners has been held pending trial for insider trading connected to the $1.1bn sale of local property company Victoria Park.

The Stockholm District Court ruled on Friday that the man, whose Malmö-based company last year posted revenues of more than a billion kronor, should be placed in pre-trial detention together with two other men, a 24-year-old and a 29-year-old. 
 
Read full article on The Local

More Stories

Anas Awad with his "Swedish family" told his story to The Local Voices

Sharing the best of The Local Voices

We told a lot of great stories in 2016. Did you get to read and share them all? READ
Sweden can be a confusing place for dating, so here's The Locals guide to get you through the minefield. READ
Sweden's largest business federation has warned many Brits risk getting caught up in Sweden's work permit chaos. READ
Photo: Erik Gerhardsson

'History will record how everyone reacted to the Syrian tragedy'

Erik, a 21-year-old Swedish volunteer, reflects on his experience helping refugees in Sweden and abroad. READ

This Iranian teaches Swedish online to 10,000 followers

"I’m exporting Swedish to my homeland." READ