The Week That Was, October 29th – November 4th 2018
Politics/Economy: Prime Minister Lars Lokke Rasmussen hit back at a White House report that claimed living standards in Nordic countries, including Denmark, are “at least 15 percent lower” than in the US –…
MoreResearch Minister linked to tax shelter
The political opposition is demanding to know why Education & Research Minister Tommy Ahlers, in collaboration with the state-run Danish Growth Fund, which provides capital and expertise to start-up companies, is involved in…
MoreIran accuses Israel of false information in Danish assassination plot
Iran has accused Israel’s intelligence agency (Mossad) of falsely accusing Tehran in the alleged assassination plot in Denmark. Israel claimed on Wednesday it had provided information that averted the assassination of an Iranian…
MoreNorway joins condemnation of Iran
As the diplomatic tension between Denmark and Iran increases, Norway summoned the Iranian ambassador on Thursday over the assassination plot revealed by PET (Danish Intelligence) this week involving a Norwegian citizen of Iranian…
MoreDanish national linked to PKK detained in Turkey
The Turkish authorities have arrested a Danish national for allegedly providing financial support for the outlawed Kurdistan Workers Party (PKK). According to initial reports the man, with Kurdish roots, was detained at the…
MoreMinister urges watchdog to investigate banks’ role in tax-refund fraud
Tax Minister Karsten Lauritzen has urged the Danish Financial Supervisory Authority (FSA) to examine the role played by leading banks in the multi-billion share dividend tax refund scandal. In a press statement, Thursday,…
MoreDanske Bank suffers profit loss in wake of scandal
Danske Bank’s pre-tax profit dropped 42% year on year in the third quarter (Q3) to DKK3.59 bn ($547m), but interim CEO Jesper Nielsen said it’s still too early to assess the damage caused…
MoreTax scandal law firm in double role
Leading law firm Bech-Brun, hired by the government to investigate the DKK12.7bn tax refund scandal, has also represented a bank involved in the massive fraud. Tax Miniser Karsen Lauritzen said yesterday he’s in…
MoreBusiness shorts
Ups and downs for Ørsted, Novo Nordisk, and Carlsberg in Q3 accounts / British pound boosted against krone Partially state-owned wind energy giant Ørsted, formerly DONG; has reported double pre-tax profits on last…
MoreDenmark demands EU-backed sanctions on Iran
Foreign Minister Anders Samuelsen has called on the EU to impose fresh sanctions on Iran, following Tuesday’s news of a planned assassination of an Iranian opposition leader in Denmark. Mr Samuelsen said the…
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