(Dagbladet): Yesterday talked Dagbladet that Parliament President Olaf Michael Thommessen (H) will tighten rules requiring that the elected registers shareholdings over 90 000.
The elected officials are obliged to provide all economic interests of some significance in the Storting own register of appointments and business interests. The aim is that both voters and Parliament’s administration to know what possible linkages elected representatives have.
Now Dagbladet revealed that Thommessen, who goes by the nickname “Olemic” have broken the rules for four years, by not recording shareholdings in line with regulations.
He is responsible for enforcing the regulations, by virtue of his appointment as President of the Storting. And shareholdings have been hidden from those who have seen the registry to learn parliamentary president own.
Do in exchange locomotives
In an extract from the share register that was made public by the tax authorities last year, stands Thommessen listed with shares in a number of major companies, including Statoil, DNB NOR and Orkla.
The three holdings are each worth more than the minimum required by the Parliamentary rule host. Altogether shareholdings worth 365 500. The largest item is 2000 shares in Orkla, which is worth 143,300, far above Parliament’s minimum requirements.
Faced with the shareholdings deficiencies in Parliament’s list, he replied following in an email forwarded by Parliament’s press service told Dagbladet:
– in 2009 I inherited shares in nine companies and listed companies, writes Thommessen.
– I have now checked my account with the Central Securities Depository (VPS), and see that three of the companies should have been registered in Parliament’s register in accordance with changes in regulations. Today I have registered my shares in the following companies: Statoil, 800 shares, value 101,200 crowns, DnB NOR ASA, 1222 shares, value 118 000 kroner, Orkla ASA, 2000 shares, value 143 300, writes Thommessen.
Orkla record was worth more than the Parliamentary minimum already in 2012, four years ago.
DNB has been in rough weather in recent weeks after the revelations of the company’s sales of dubious tax packages to large investors through a subsidiary in Luxembourg.
– Should followed by
Thommessen emphasizes that he has not been active in the stock market. – I am not active in the stock market and has not bought or sold shares in recent years. I have therefore not been following the development of my shares. In line with the registration requirement, I see, however, that I should have followed better with.
In addition to being President of the Storting, sitting Thommessen in the Credentials Committee, which checks that the Constitution and the Election Act rules are adhered to and that the results are correct and the Enlarged Foreign and Armed.
He also directs Parliament’s election committee, which distributes Parliament’s representatives on the permanent committees.
– Depressing
– We are now right in the disclosure of a case that shows us how political and economic elite worldwide have managed to hide huge values of democratic institutions. It is therefore depressing the presidency not see the necessity of transparency in MPs’ interests. They act at best naive. They do not fight against corruption seriously, says Torgeir Knag Fylkesnes (SV) told Dagbladet.
Nowadays, the rules that the representatives shall record all holdings with a value of NIS basic amount, around 90 000. Fylkesnes has proposed to abolish the border, so that all shareholdings must be listed.
– The fight against corruption, money laundering and financial crime is about many small and large steps that can prevent and prevent people taking up organized and exploits its position, saying Fylkesnes background for the proposal to abolish the border.
the proposal came in the wake of several stock-disclosures among parliament printed in Dagbladet.
Dissent
the presidency consists of President of the Storting Olaf Michael (Olemic) Thommessen (H), Marit Nybakk (AP) Kenneth Svendsen (FRP) Svein Roald Hansen (Labour), Ingjerd Schou (H) and Line Henriette Hjemdal (Krf). Hjemdal is the only one who supports the proposal to change the current regelverkt. – I think all shareholdings must be declared, and that there shall be no lower limit. I want transparency about everything. It is a principle of our democracy. It’s not a big difference, but it is a principle we should be able to comply, saying Hjemdal. – It’s basis of experience we did us in committee last year that I believe this says Hjemdal.
10 million hidden
Dagbladet revealed on 24 September last year that several members of parliament , in violation of regulations, had failed to register large shareholdings. How did voters insight into the financial ties between them and the companies that could be affected by the legislation they passed or tasks they performed.
By doing lookups in the shareholder register and verify a findings could Dagbladet document that 10 million was kept secret so.
The biggest shareholding belonged to a member of the Finance Committee Svein Flåtten (H) in Sparebank 1, with a value of NOK 6.5 million. Oskar Jarle Grimstad (FRP) had failed to keep up a shareholding to 1.8 million in Agasti Holding ASA.
Multiple role mixtures
Four days later revealed Dagbladet that several members of Parliament’s industry committee had earned money in shares of companies that are directly affected by the committee’s work.
• parliamentary politicians had lobby meetings on policy development and investments with companies where they eiede shares.
• the white politicians had written and enacted input to both state ownership and Aquaculture message pertaining to companies in which they own shares for hundreds of thousands of crowns.
One of them was Odd Omland (Labor) who owned a stake in Telenor 110 000. He was always been careful to check their impartiality, he says, but nevertheless chose to sell.
– I intend to be to tidy said Omland.
Earlier this year tightened the Oslo City Council in its equity legislation after Dagbladet revealed how several politicians not brought up their stock ownership.
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