Reinfeldt questioned on Nuon affair

Prime Minister Fredrik Reinfeldt has answered questions in parliament this afternoon on the state’s involvement in the purchase of a loss making energy company by state-owned Vattenfall in 2009.

He repeated a statement from the former industry ministry Maud Olofsson that the government has no role in the decision which was made by the company’s board.

Mikael Damberg from the Social Democratic party said the Prime Minister has been avoiding questions in the issue until now.

“This affair has caused billions in losses for the Swedish state and for tax payers. Why did you approve Vattenfall’s purchase of Nuon for SEK 97 billion, even though your own officials advised against it.

The prime minister replied that it’s not yet clear what the extend of the losses are as the company has recovered somewhat since the purchase.