Investigation of DNB dismissed

On 28 November 2019, Økokrim (the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime) announced that it had initiated an investigation of DNB. The reason for the investigation was the customer relationship between DNB and the Icelandic fisheries company linked by the media to alleged cases of corruption in Namibia.

DNB has been informed that the investigation has not generated any information that gives grounds for criminal prosecution of individuals. Further, the public prosecutor is not of the view that a corporate penalty is applicable in this case. The case has therefore been dismissed.

“We have had constructive cooperation with Økokrim all along, and we have shared all relevant information in our possession. We take note of the announcement that DNB will not be subject to criminal prosecution,” says Thomas Midteide, Group Executive Vice President of Communications & Sustainability.

For further information:
Rune Helland, Head of Investor relations: + 47 977 13 250
Thomas Midteide, GEVP Communications & Sustainability: +47 962 32 017