Norden remains silent on possible fraud in Thorco prior to takeover

A police investigation into possible fraud in Thorco Projects, which Norden acquired earlier this year, is met with silence by the shipping group.
The Danish shipping group Norden is based in Hellerup, Denmark. It bought the company in question from the Stadil family in May 2023. According to the trustee, the alleged fraud occurred before the transaction - in 2019 and 2020. | Photo: Christian Lindgren/Ritzau Scanpix
The Danish shipping group Norden is based in Hellerup, Denmark. It bought the company in question from the Stadil family in May 2023. According to the trustee, the alleged fraud occurred before the transaction - in 2019 and 2020. | Photo: Christian Lindgren/Ritzau Scanpix

Norden declines to comment on a police investigation into possible fraud at Thorco Projects, which Norden acquired earlier this year.

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