SWEDEN: Olofsson "not totally logical" on Saab: Committee chairman
Sweden's Constitutional Committee chairman has questioned former Enterprise Minister, Maud Olofsson's position with relation to Russian businessman, Vladimir Antonov's attempt to buy into Saab.
Despite the Committee chairman, Green Party member, Peter Eriksson's comments, he nonetheless said it was "hard to prove anything doubtful" about the Minister's actions during Antonov's failed investment attempt.
The rare Constitutional Committee hearing was called by Swedish Social Democratic members of Parliament, Jorgen Hellman and Peter Johnsson, with the former questioning the time lost investigating Antonov's suitability for Saab, despite securing approval from the National Debt Office (SNDO).
"We asked some questions around Antonov...and about the ownership of Saab," Eriksson told just-auto from Sweden. "We got the impression she says one thing and one time, another thing, it was not totally logical.
"She [Olofsson] stated it was General Motors that stopped the Antonov possibility."
Even though Antonov was eventually thwarted by the refusal of the European Investment Bank to countenance his involvement, the Committee chairman acknowledged there were a "lot of questions around him still."
Last year the Swedish National Debt Office cleared Antonov to own up to 30% of Saab, after it had heard rumours from Russia involving money laundering and organised crime.
The SNDO even went so far as to employ a private investigation firm to establish Antonov's integrity, with the Russian carrying out his own study.
The Constitutional Committee will hear the SNDO's views concerning Antonov on 10 May in Stockholm, the final hearing into the Saab affair.
Following the hearings, the Swedish Parliament will debate the issue towards the end of May or the beginning of June.
Saab is currently in hands of receivers in Gothenburg, who are evaluating a range of bids for the automaker.
This QUBE report from just-auto provides a comprehensive overview of the global electrified vehicles sector, major OEM developments, top 14 markets, technology trends and market projections. Use this ...
Joint venture Beijing Hyundai celebrated its 10th anniversary in China with record monthly sales, overtaking Japanese rivals whose sales slumped because of the dispute over the Senkaku/Diaoyu islands....
Belgian employer and technology body, Agoria, is estimating today's (24 October) news from Ford it is to shutter its Genk plant could cost a possible 9,500 jobs, will slash the country's GDP by 0.3% a...
PSA and General Motors have announced an expansion of their alliance. The partners now say they will share four platforms and expand the reach of their joint purchasing arrangement....
Industriall European Trade Union (IETU) says the emergency meeting called by Ford with its unions at 09:00 (CET) in Belgium tomorrow (24 October) could escalate into a wider Continent labour issue....
- ANALYSIS: Hyundai axes Veloster, goes after Toyota
- THE WEEK THAT WAS: Another year races by
- Review of 2014 (1)
- ANALYSIS: Future models for North America - Part 2
- ANALYSIS: Future models for North America - Part 1
- Punch Genk offer "missed opportunity": Mayor
- Pay deal lifts strike threat at Jaguar Land Rover
- Genk mayor organises "loudest shift" as Ford exits
- PSA UK announces new senior management structure
- Sales suspended as ruble crisis bites
- Hydrogen and Fuel Cells 2015-2025: Forecasts, Technologies, Markets
- Global light vehicle safety systems market- forecasts to 2029
- Jaguar Land Rover: Providing remarkable growth throughout the economic downturn
- Ford Motor Company - Strategy and SWOT Report
- Global automotive OE lighting market- forecasts to 2029