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Graft: US chairman of Norwegian player a ‘suspect’ in ongoing probe, as DoJ begins separate inquiry


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Graft: US chairman of Norwegian player a ‘suspect’ in ongoing probe, as DoJ begins separate inquiry

Business

Category: Business News

Another top executive at Oslo-listed PetroNor E&P has been caught up in a graft investigation being carried out by the Norwegian authorities, while the US Department of Justice has now also started it own probe.

In December 2021, chief executive Knut Sovold and another unnamed individual were detained by Okokrim, Norway’s National Authority for the Investigation & Prosecution of Economic & Environmental Crime, in a probe related “to projects in Africa”.

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Source: UpStream