Monjasa and founder Jacobsen cleared in fraud case

Bunker company Monjasa and founder Jan Jacobsen were cleared in the protracted fraud case by Denmark's Western High Court on Monday. "We had expected this complete acquittal," says CEO Anders Østergaard.

Photo: Monjasa

On Monday, Monjasa and founder Jan Jacobsen were cleared in the protracted fraud case against the bunker company and its founder.

As such, the court has overturned the verdict issued by the District Court in Kolding last year when the Danish company and its former owner were found guilty of gross fraud against a Malaysian customer, Pacific Inter-Link.

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