Two subsidiaries of the investment group Obton, which is behind seven of the 32 bids for new energy parks presented in connection with the government's proposal in October, have been missing from the police since December last year. This is reported by Altinget.dk.
The two subsidiaries have been reported to the police by the Danish Financial Supervisory Authority, which accuses the companies of "a gross violation of good business practice". The violations have occurred through marketing to private investors, where potential returns in specific investment projects, including solar cells, have been greatly overestimated, the supervisory authority believes. According to Lars Krull, who is chief advisor at the Department of Economics and Management, Aalborg University, a police report against an investment company is a rare occurrence.
- The Danish Financial Supervisory Authority is raising the red flag here. The Danish Financial Supervisory Authority must ensure that banks and investment companies can be trusted. If they cannot do that, they will intervene, he says.
The cases against Obton are currently still under investigation. Obton informs the Altinget that none of the companies reported to the police are part of the possible projects that are at stake in the government's proposal.
"Obton A/S and Obton Forvaltning A/S are group-related, but there is no business overlap," Obton writes in a written response via its communications department.
Neither Climate, Energy and Utilities Minister Lars Aagaard (M) nor Minister for Cities, Rural Areas and Churches, Morten Dahlin (V) have wanted to comment on the matter. The latter refers to the Danish Planning and Rural Development Agency, which states that the screening has not taken into account other considerations than "matters relating to land and energy conditions".
On Tuesday afternoon, the government will present a political agreement on larger energy parks and more green energy from solar and wind on land.
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