The Danish fraud office, Statsadvokaten for Særlig Økonomisk og International Kriminalitet (SØIK), has charged a Danish oil company with 24 counts of fraud.
The fraud was allegedly committed between 2010 and 2013 and amounts to 24.3 million kroner, Jyllands-Posten reports. The identity of the company is protected by a gag order.
The case was reported in the media last year after an Asian customer of the company reported it to SØIK. These charges were withdrawn in connection with a settlement between the Danish company and the accuser, but the fraud office continued its investigations and has now independently charged both the company and its owners.
Morten Jakobsen, a state prosecutor at SØIK, characterised the case as serious.
“It is obviously serious when we raise a case of aggravated fraud, and when a professional company appears to do something that isn’t by the book. It is quite a substantial amount at issue,” he said.
The charges against the company’s owner could potentially lead to a sentence of eight years’ imprisonment.
