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

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