“It’s important that board members command great confidence,” Damberg, a Social Democrat, tells Swedish Radio News.
The newspaper Svenska Dagbladet reported Friday that Olofsson had been removed.
Olofsson was Deputy Prime Minister and Minister for Enterprise in the previous center-right government when another state-owned company, Vattenfall, made its costly purchase of the Dutch company Nuon. According to Svenska Dagbladet, Vattenfall paid almost twice as much for Nuon as the company was worth.
Olofsson has refused to testify to the parliamentary Committee on the Constitution about the deal. While current members of a government must testify to the committee, under current legislation former ministers do not have to comply. The new red-green government is considering legislation to include former ministers.