Business Round-Up: Four charged with bribery in ‘Redmolen’ building case

‘Redmolen’ was supposed to be located in Nordhavn, but the construction of the building has stopped due to the investigation process (photo: Pixabay)
June 26th, 2020 4:58 pm| by Daria Shamonova
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Four people have been charged with bribery in relation to the construction of the ‘Redmolen’ building in Copenhagen, reports DR.

If the defendants are found guilty, they can all expect to serve time in prison.

The four defendants – two current directors, a former director and a lawyer – are charged with violating section 299 (2) of the Criminal Code, which deals with bribery.

6-million kroner ‘bribe’ 
The police started to investigate the case when the project’s developer PFA, the country’s largest pension company, discovered there was an underhand “co-operation agreement” between V2C and WR Enterprise.

This agreement involved a so-called project fee of 6 million kroner that the court has treated as a return commission, which is considered to be a form of bribe.


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