Danish donations among Greenpeace speculation losses

Greenpeace’s Nordic wing is supported by about 150,000 donors who contribute about 120 million kroner a year

June 16th, 2014 12:25 pm| by admin
facebooktwittergoogle_pluspinterestmail

A Greenpeace employee in Amsterdam has been sacked after losing 28.3 million kroner – some of which stems from Danish donors – on foreign currency speculation.

Greenpeace’s Nordic wing, which sends a third of all its donations to Greenpeace International, confirmed the news, stating that a smaller part of Danish donations were lost in the scandal.

“It’s very unfortunate that a human error and an internal procedure failure has led to the loss of money that private citizens from all over the world donated to Greenpeace,”  Lone Buchardt, the head of fundraising at Greenpeace Denmark, said in a press release.

READ MORE: Greenpeace activists may spend Christmas at home after all

Auditor investigating
The environmental advocate organisation has denied that the employee in question was attempting to enrich himself, but said that it could understand if its donors were disappointed in them.

“The person who made this bad decision has been fired, and an external auditor is making a considerable and impartial investigation into what went wrong and what we can do so that it doesn’t happen again,” Buchardt said.

Greenpeace’s Nordic wing is supported by about 150,000 donors who contribute about 120 million kroner a year. Some 37 million kroner has been sent to the organisation’s international department, and the expected Danish losses from the speculation are 185,000 kroner – half a percent of the total.

Rockstar pig nursed a brutal hangover in style over the weekend (photo: Landsskuet - Dyreskuet i Herning Facebook page)
A lying pig, but no porkie pies
You can imagine that some of the cleaners' comments following a party for 1...
Glostrup, Rødovre, Ballerup and Frederiksberg were among the 15 municipalities that received nothing from 2011-2013 (photo: iStock)
Smaller municipalities missing out on welfare funds for the vulnerable
Not all of Denmark's 98 municipalities reap the rewards from the slush fun...
Wozniacki will regret this loss more than most given her easy draw (photo: si.robi)
Wozniacki out of Wimbledon
Caroline Wozniacki has once again failed to advance beyond the fourth round...
About 30,000 Jersey bull calves are put down in Denmark every year (photo: iStock)
New Danish project to curb euthanisation of Jersey calves
Every year some 30,000 Jersey bull calves are put down at Danish farms and ...
Passengers with bikes have increased from 2.1 to 9 million since 2010 (photo: Leif Jørgensen)
Every tenth S-train passenger travels with a bicycle
There has been a marked increase in passengers taking their bikes onto the ...
Pranov hopes that Heliac can be used to replace open fires used for cooking in developing countries (photo: Paul R Caron)
Danish project could save lives in developing countries
Danish engineer Henrik Pranov has developed a solar panel using plastic fil...