Billions of Swedes” pension funds have vanished due to questionable political decisions—while costs are being concealed and the shower of bonuses continues at state-owned companies. Now financier Sven Hagströmer is striking back with scathing criticism of those in power and warning of a Sweden where accountability and transparency are disappearing. ”Politicians don’t seem to care,” he says.
The Financier Sven Hagströmer appears in an interview with Industry Today (DI) has launched a scathing attack on politicians’ handling of the AP funds and the state-owned utility Vattenfall. The criticism centers on losses amounting to billions, a lack of transparency, and a political system that, in his view, no longer seems to take responsibility for taxpayers’ money.
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