Sweden has a scandal more! The Saab story, actually a drama in many acts, could have gone better if politics had wanted it. That was not the case. On the contrary ! While Muller fought for the rescue of Saab, the administrator Guy Lofalk tried with support from Stockholm to sell the car company to Geely.
For the ridiculous price of 1.000.000 US dollars, which is not a real price, but more a gift to the Chinese. Swedish television has put a trailer for the Saab movie, which was filmed to document the decline, online. In the first sequences you hear an angry Victor Muller and Guy Lofalk trying to appease him.
Behind the back of the management of Saab Automobile AB, which is under law and law during the reconstruction in office, Lofalk had made contacts with China. Geely's CEO Li Shufu traveled to 7. October to Stockholm, where a secret meeting took place in the Ministry of Finance. Present were Lofalk, Li Shufu and Deputy Minister of Finance Anders Borg, Hans Lindblad. The meeting was confirmed by Secretary of State Hakan Ekengren.
With this, and with the support of politics, Lofalk has exaggerated its role. Because as an administrator, he was a management consultant and was not authorized to do this. After realizing that Lofalk was aiming for cold expropriation, Muller had precautionary recordings of many conversations, some of which he made available to television.
The plans of Lofalk, Li Shufu and Anders Borg were stopped only by the national debt administration. Bo Lundgren saw the procedure as immoral and pulled the emergency brake.
As I said, Sweden has one scandal richer. 1.000.000 dollars is not a purchase price, but a real scandal! With Lofalk and the administration in Stockholm - which at least up to a certain point supported the procedure benevolently - as opponents, Muller and Saab had no chance, and the time of the reconstruction was wasted uselessly. The fact that the deputy minister of finance Li Shufu receives shows how deeply politicians are involved in this process up to the highest levels. Will the disclosure have political ramifications? We will see…
Representatives from Geely had visited the plant in Trollhättan, and no one really knew why. Now we are richer with this knowledge. SVT has put the trailer for the show online. Let's see if the retrieval outside of Sweden is stopped during the day. It would not be the first time…
The complete film “Spelet bakom Saabs bankruptcy” - the game behind the Saab bankruptcy - will be shown on SVT20.00 at 1:XNUMX pm today.