28 May Stockholm District Court concludes in the legacy Sudan legal case
(Oilandgaspress) -– Orrön Energy AB announced that the proceedings before the Stockholm District Court related to the legacy Sudan legal case have concluded after more than two and a half years. Claims for reimbursement of costs totalling SEK 818,701,500 (approximately MEUR 76) for costs incurred for the defence of the Company and the former Company representatives have been filed. A verdict is expected in early December.
The Company has always been, and remains firmly convinced, that neither the Company nor its former representatives have committed any wrongdoing, and is strongly of the view that no evidence has been presented in the Stockholm District Court that would demonstrate otherwise. On the contrary, the proceedings have demonstrated that the Company conducted its operations in Sudan responsibly, in line with international standards, advocated for peace through peaceful means, and was a positive force for development.
In connection with the conclusion of the trial, claims for reimbursement of costs incurred for the defence of the Company and the former Company representatives amounting to SEK 818,701,500 (approximately MEUR 76) in total have been filed, reflecting the significant work undertaken during more than 15 years to review the investigation materials into events dating back nearly 30 years, and to prepare the defence in a historically long trial.
The defence work and costs have been exacerbated by the manner in which the Prosecution conducted the preliminary investigation, the vague and imprecise allegations and the continuous adjustments to the case. The cost claims, and any final reimbursable amount, remain subject to the judgement of the Stockholm District Court, which is expected in early December.
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