Økokrim charges two members of Yara management
18.05.2012 | Globenewswire Europe
Oslo (2012-05-18): The Norwegian National Authority for Investigation andProsecution of Economic and Environmental Crime ("Økokrim") has charged two
members of the corporate executive management team, Head of Upstream Tor Holba
and Chief Financial Officer and Head of Strategy Hallgeir Storvik. The charges
are related to issues within the scope of the on-going investigation of Yara,
which commenced in 2011.
"I am surprised by this development. However, Yara has had a close co-operation
with Økokrim throughout the process, and will continue this also in this new
phase. It is important for us to see this process through to its conclusion, and
we will now await Økokrim's further investigation," said Jørgen Ole Haslestad,
President and CEO of Yara International ASA.
Contact
Thor Giæver, Investor Relations
Telephone (+47) 24 15 72 95
Cellular (+47) 48 07 53 56
E-mail thor.giaver@yara.com
Esben Tuman, Media Relations
Cellular (+47) 90 50 84 00
E-mail esben.tuman@yara.com
Yara delivers solutions for sustainable agriculture and the environment. Our
fertilizers and crop nutrition programs help produce the food required for the
growing world population. Our industrial products and solutions reduce
emissions, improve air quality and support safe and efficient operations.
Founded in Norway in 1905, Yara has a worldwide presence with sales to 150
countries. Safety is always our top priority.
www.yara.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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Source: Yara International ASA via Thomson Reuters ONE
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Unternehmen: Yara International ASA - ISIN: NO0010208051