Facts: Four main characters in the Allra gang were sentenced to prison
Allra was reported to the police six years ago by the Pensions Authority. According to the authority’s investigation, the company had engaged in large internal transactions without being able to justify how it benefited savers.
In September last year, the Svea Court of Appeal sentenced the fund company Allra’s founder and CEO Alexander Ernstberger to six years in prison for bribery and gross disloyalty to the principal.
Two other Allra profiles were sentenced to five years in prison, a third to four years in prison.
The conviction of the Court of Appeal was appealed to the Supreme Court, which did not grant leave to appeal.
Despite the Svea Court of Appeal’s verdict on prison sentences for the four Allra profiles last year, another hunt is underway in the wake of the failed pension company. Now it’s about the hunt for money that can be transferred to the roughly 130,000 people who saved in the company’s PPM funds.
“We have received 100 million kroner from the Kronofogden, which we can now start managing,” Anna Åkesson, senior expert at the Pensions Agency, told the newspaper.
However, it is unclear when the money will reach those who previously saved in Allra’s funds.
“We hope that the payments can take place during the autumn”, announces Anna Åkesson.
In the Allra scandal, certain audit firms and banks, such as SEB, acted as custodians for funds in the Allra group. The pension authority has therefore directed a demand on SEB of SEK 431 million.
“We have hopes that we will bring in more money via the relevant custodians and audit firms,” says Anna Åkesson to Expressen.
SEB has rejected the demand from the authority. If the parties cannot agree on a settlement, the dispute ends up in the Stockholm District Court.