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Despite new suspicions of crimes – Swedish pensionsmiljarder left in Lundin

the Swedish bank - and pension funds own over 5% of the shares in Lundin Petroleum at a value of sek 5.3 billion.

the oil Company under investigation since 2010 for alleged crimes – the representative of the company suspected of having collaborated with the government of the then Sudan to clear the population from areas where oil is found. Alternatively, the company shall, according to the suspicions known it's been going on, and let it happen.

from organisations such as the UN and Human Rights Watch have over 100,000 forced to flee from their villages, and tens of thousands have been killed during cleanup of the oil fields.

there is Much to suggest that the prosecution against the oil company is approaching, and in August, Today's News reveal the information that the witnesses in the investigation was harassed, intimidated and subjected to violence by persons said to be working for Lundin.

A parallel investigation was started on suspicion and Wednesday could DN reveal that the company's managing director Alex Schneiter and chairman Ian Lundin has been served on suspicion of incitement to assault in a court of law.

All six representatives of banks, investment funds and pension funds that DN has been in contact with responds to the new data is ”serious” or ”disturbing”, but no one has the intention to sell their shares in the company.

Link to the graphics

" of course It is troublesome that the leading representative of the company suspected of these crimes. We look seriously at the accusations and will follow these proceedings closely. We are still awaiting the outcome from the ongoing investigation from the international prosecution chamber in Sweden. In accordance with the Second AP fund's ownership policy, so we expect that the company works in accordance with the applicable laws and the framework that is described in the UN guiding principles for business and human rights.

– the Third Swedish national pension fund takes a serious view of the suspicions of aiding and abetting of grave crimes in Sudan, which is directed against the leading persons in Lundin Petroleum. The same applies to the suspicions of incitement to abuse in a court of law. The prosecutor's preliminary investigation on aiding and abetting to the gross crimes have been going on for a long time and it is not yet clear if, and when, charges will be brought. The third AP-fund has ongoing dialogue with the company about these issues.

As always, we'll talk with the company about the situation. We follow of course the developments but has no transparency in it utredningarbete going on but we are awaiting the legal process.

–We confirm like that we're talking with companies, but never comments on what we are discussing.

Folksam took in 2012 shares with a then value of 490 million kronor. The insurance company suggested an independent inquiry into Lundin Petroleum's actions in East africa. When the proposal was voted down by the general meeting, Carina Lundberg Markow, folksam's chief strategist for responsible asset management, to sell the entire holding. Today she holds firm on his decision.

" We have the same opinion as the other owners – that one should await developments, with the difference that we have chosen to not be the owner. We do not think that it is possible to reconcile a sustainable ownership with such ongoing investigation, and that the company itself does not want to investigate the data, " says Lundberg Markow, and continues:

– What has happened now, with the newly added the suspicions, strengthens us in our decision. The company has claimed cooperating with the investigation, but the new data do not speak really of it.

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