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Security Police Stopped Russian Interest in Saab Deal

Published lördag 30 januari 2010 kl 10.47
Spyker CEO Victor Muller

The Swedish government and security police had a hand in stopping the Russian Antonov group from taking control over Saab via Spyker Cars, according to the Swedish business daily Dagens Industri.

The Antonov group owned shares in Spyker, when the Swedish government asked its security police and a private company to look into the group's financial affairs. The investigation resulted in strong suspicion of links between the Antonov group and organised crimes.

Similar suspicion has caused the British financial inspection to stop the Antonov group from investing in the UK, Dagens Industri writes.

The American Federal Police FBI was informed and so the US Government ordered the board of General Motors to stop the sale of Saab to Spyker, which also happened on the 18th of December.

The bid from Spyker that finally won GM over, came after the Antonov group had been bought out from Spyker.

In its article, Dagens Industri quotes an unnamed source "with links to the Swedish government". The source tells the paper that "when you are dealing with businessmen of this kind, it is better to be anonymous".

But the course of events are confirmed by Hans Lindblad, state secretary at the Swedish Ministry of finance. He says that the information put GM in a sensitive position, where it could be argued that they should have found out about this themselves. In this way, the Swedish Government was able to argue for giving more time to the bidding process.

Spyker CEO has been cagey about the exact constellation of people behind the money that goes into the deal, but Hans Lindbland is certain that the Antonov-group is no longer part of the picture. It has "no power position whatsoever in Saab Spyker" Lindblad tells Dagens Industri.

Similar suspicion has caused the British financial inspection to stop the Antonov group from investing in the UK, Dagens Industri writes.

The American Federal Police FBI was informed and so the US Government ordered the board of General Motors to stop the sale of Saab to Spyker, which also happened on the 18th of December.

The bid from Spyker that finally won GM over, came after the Antonov group had been bought out from Spyker.

In its article, Dagens Industri quotes an unnamed source "with links to the Swedish government". The source tells the paper that "when you are dealing with businessmen of this kind, it is better to be anonymous".

But the course of events are confirmed by Hans Lindblad, state secretary at the Swedish Ministry of finance. He says that the information put GM in a sensitive position, where it could be argued that they should have found out about this themselves. In this way, the Swedish Government was able to argue for giving more time to the bidding process.

Spyker CEO has been cagey about the exact constellation of people behind the money that goes into the deal, but Hans Lindbland is certain that the Antonov-group is no longer part of the picture. It has "no power position whatsoever in Saab Spyker" Lindblad tells Dagens Industri.

Our journalism is based on credibility and impartiality. Swedish Radio is independent and not affiliated to any political, religious, financial, public or private interests.
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