RANDERS: No cases of financial fraud will be filed against the Verdo Group companies or of abuse of office against the former mayor and municipal director of Randers Municipality at this time, writes Randers Amtsavisen.
The seven police reports, which have now been dropped, are an offshoot of two citizens' harsh criticism of the utility company Verdo, which in 2019 and 2021 led to the Danish Utilities Supervisory Authority ordering Verdo to return almost 650 million kroner to heating customers in Randers. Money that the energy company had overcharged for heating in the period from 2000 to 2017.
The two citizens are Asger Brorsen and Bo Vestergaard Hansen, both members of the organized conservative party, the latter currently a city council member.
Special prosecutor Jesper Rodkjær at the Special Cases Bar Association of the Eastern Jutland Police justifies the decision to drop the investigation with two things in particular. That several of the matters reported to the police date back to a time before 2017, so they must be considered outdated. And that it can hardly be proven that Verdo's senior management was aware of or at least had a suspicion that there was foul play involved.
In 2019, it emerged that Verdo had allowed customers to finance a so-called return on the company's deposit capital without permission. In part, Verdo had withdrawn money simply to lend the same money back again, so that customers had to finance interest expenses of over 20 million DKK per year to the parent company - so-called carousel interest.
Former mayor Claus Omann Jensen (V), former municipal director Hans Nicolaisen, former CEO of Verdo A/S Kim Frimer and director of Verdo Vand A/S Jesper S. Sahl were all four reported to the police in 2020 in the case.
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