OW Bunker manager arrested in Denmark

Former global manager of the bankrupt marine fuel supplier OW Bunker, Lars Bohn has been arrested in Denmark.

Danish newspaper Borsen quoted the prosecutor’s office as saying on Thursday that Bohn is wanted in Italy where he is suspected of fraud adding that he will be extradited to Italian authorities for further prosecution in a few weeks.

According to Bohn’s defence lawyers, Bohn is innocent and they will oppose his detention once he is brought before a judge, the daily said.

Bohn is also suspected to be involved with five other individuals in issuing fictitious bunker fuel to the Italian navy worth USD 8.6 million.

Danish marine fuel supplier filed for bankruptcy early in November due to accrued loses and alleged fraud committed by its senior officials from Singapore subsidiary.

The case has had ripple effect across OW Bunker arms. The entire case is under investigation by Danish authorities.

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