EnergyWatch

Attorney General: Lars Møller acted in his own interest

The former CEO of OW Bunker's Singapore subsidiary, Lars Møller, had no interest in manipulating the numbers, said his defense team recently. Wrong, says the Danish financial police. The chief exec could bag himself a considerable bonus, according to the indictment.

Photo: Dynamic Oil Trading/PR

Lars Møller, the former and now indicted CEO of OW Bunker's subsidiary in Singapore, had an interest in inflating the activity of Dynamic Oil Trading (DOT), claims Denmark's Attorney General's office for fraud and economic crimes – known as the Danish Fraud Squad (SØIK) – in the indictment.

The indictment has been made available after Møller two weeks ago was officially indicted in relation to the collapse of OW Bunker in November 2014, while the senior executive team of OW Bunker avoided charges.

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