Lunder steps down from Fredriksen Group amid corruption scandal

Lunder steps down from Fredriksen Group amid corruption scandal

Jo Lunder has stepped down from his role of ceo at Fredriksen Group having been caught in the middle of a corruption scandal.

Lunder was arrested by police in Norway late on Wednesday night and charged in relation to corruption at telecoms firm VimpelCom, of which Lunder was formerly chief executive.

Last night, North Atlantic Drilling announced on Oslo Bors that after consultation with the company Lunder has stepped down as a director, until investigations are completed. It has since been reported in Norwegian media that Lunder has stepped down from all roles within the group.

Lunder was appointed head of the Fredriksen Group in May, which manages John Fredriksen’s interests in his group companies including Frontline, Seadrill, and Golden Ocean.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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1 Comment

  1. Fredriksen Watch
    November 6, 2015 at 5:02 pm

    Are the HMRC and investigators of the Boyko Towers scandal waiting in the wings for Fredriksen?

    http://fredriksenwatch.blogspot.ro/2015/11/bernie-tax-and-boyko-towers-is.html