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Vestrum accused of Economic Crime

By: Asgeir Nilsen -
Published: 19/06/2012 12:44:32 - Updated: 19/06/2012 1:32:48 p.m. More Sharing ServicesDel

Norwegian authorities have charged Intex-chairman for breach of securities legislation.

January Vestrum Anders, chairman of Intex Resources. (Karsten Coldevin / Stock Link iMarkedet)

This story was first published on iMarkedet Xpress.

Trading in the shares of mining company Intex Resources were suspended earlier today pending a annonserngfrom the company.

Now Intex reports that the chairman Jan Vestrum has been charged by Norwegian authorities for violation of the Securities Act.

These violations, according to Norwegian authorities in connection with the misuse of inside information.

- The chairman is alleged to have acted on inside information, it says from Intex.

As part of the investigation has Økokrim conducted raid at Intex its offices in Oslo.

- Intex Resources cooperates with law enforcement authorities. No ankalger have been directed against the company, says on from Intex.

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