The Financial Supervisory Authority (FI) has made a preliminary assessment that pension giant Alecta has breached several regulations in connection with investments, reports Dagens industri.
FI has been conducting two separate investigations against the company since last year, following, among other things, failed investments in three American banks.
Alecta chose to buy shares in the banks for nearly 22 billion kronor a few years ago, but around 19.6 billion of these disappeared when the banks went bankrupt last year.
Alecta has also invested almost 50 billion kronor in the company Heimstaden Bostad. The value of the holding had decreased to around 38 billion kronor by the end of last year.
Dagens Industri has taken part in a letter to Alecta, where FI summarizes its preliminary conclusions from the investigations. Among other things, the authority writes: "The Financial Supervisory Authority has made a preliminary assessment that Alecta has breached several regulations."
FI has now chosen to proceed with a sanctions review against the pension company.
It means that the observations we have made can lead to an intervention, says Tomas Tolonen, at FI's press service, to Di.
FI does not want to disclose which regulations Alecta may have breached until the investigations are completed.
