Magdalena Andersson of the Social Democrat party.
Magdalena Andersson of the Social Democrat party. Credit: Alexander Larsson Vierth/TT

Finance Minister condemns tax avoidance

1:03 min

After a global investigation revealed systems used by wealthy people to avoid paying tax, Sweden's finance minister says it is unnacceptable.

The head of Sweden's main business organisation Svensk Näringsliv was shown to have channeled money via Malta, reports SVT Uppdrag Granskning.

This kind of operation is legal, but Finance Minister Magdalena Andersson says to Swedish Radio News it is "dangerous for our society, because it undermines the trust our society is built on."

The business chief Leif Östling was filmed by investigative team Uppdrag Gransking saying "what the hell do I get for my money?" He has since released a statement saying he expressed himself sloppily, and that "Sweden has a generally functioning welfare system."



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