Vattenfall’s Board of Directors Appoints Investigator (Sweden)

Vattenfall’s Board of Directors has announced that Christer Danielsson from Frank Advokatbyrå will be in charge of the investigation to find out if Vattenfall’s CEO Øystein Løseth received additional compensation when Vattenfall acquired the Dutch company Nuon in 2009.

“Christer Danielsson is an extremely qualified lawyer and lives up to all the demands for impartiality that can be expected to arise in this context,” says Lars G Nordström, Vattenfall’s Chairman of the Board.

Christer Danielsson has worked as a lawyer for more than 20 years and is for instance included on the list of the most in demand arbitrators in Europe in the 2013 edition of Chambers Global.

The decision to set up an independent investigation was made on Saturday 27 April. Vattenfall’s Board of Directors aims to conduct this investigation as soon as possible.

[mappress]

Press release, April 30, 2013; Image: Frank Advokatbyrå