Think Pink’s CEO Bella Nilsson bought an old incineration plant from the Swedish Agricultural Agency, which considered it to be scrap, for SEK 40,000. Then she revalued it to almost eight million in Think Pink’s books and transferred over nine million to her private account.
– It was a distribution that should not have been made, says prosecutor Anders Gustafsson.
TV4 Nyheterna can now tell you details about how it happened when Think Pink’s CEO Bella Nilsson, who has now changed her name to Fariba Vancor, brought over nine million to herself in what she called a share dividend.
The Swedish Board of Agriculture sold an old incineration plant for scrap value to one of the companies in the Think Pink group. The price tag was SEK 40,000.
Major repairs required
– The Terminator, as it was called, was an incineration plant. When it was sold, it had not been used for several years and would require major repairs to bring it to working order. It was sold for what we judged to be the scrap value, says Nils Arin, head of unit at the Swedish Agency for Agriculture.
Bella Nilsson then turned to a Swedish woman in Spain connected to one of the other defendants in the tangle, and instructed that it should be re-evaluated. This was carried out by a company linked to the woman in Spain. The valuation was SEK 7.8 million.
– We see that assessment as unreasonable, says Nils Arin.
Blowed up the accounting
This was one of several steps when the accounting in Think Pink was inflated in a way that, according to the indictment, was not correct. Another was suspected fake invoices of around six million kroner. Some invoices were found by the police in an envelope marked “Bellas – touch you die”. According to the police’s financial investigation, a tax deferral was also recorded incorrectly.
With these large claims of care in the company, Bella Nilsson carried out a share dividend of nine million kroner.
– It was a dividend that should not have been made because the conditions did not exist in the company. It’s a lot of money, so it’s serious, says prosecutor Anders Gustafsson.
Used for private consumption
According to the indictment, in addition to this dividend, six million of the company’s money has also been used for private consumption, for example expensive clothes and restaurant visits.
Shortly after the share distribution, the companies were declared bankrupt and the debts were then 47 million greater than the assets that existed. Claims for damages of approximately 250 million have now also been made in the trial that is ongoing after the environmental scandal.
The prosecutors state that they do not know where the nine million Bella Nilsson transferred to herself is today.
– I can’t claim that we do, no, says prosecutor Anders Gustafsson.