Smedegaard warned against corruption at Maersk Group

The number of corruption cases at the Maersk Group set a new record in 2014 with a total of 13 cases, according to Danish newspaper Berlingske. Just a few months ago, Maersk Group CEO Nils Smedegaard openly warned about the serious consequences that this type of case can have for the whole group.

Photo: Maersk Group

Back in October, Maersk Group CEO Nils Smedegaard warned against the damaging consequences that would hit the whole group if employees were to be involved in corruption cases. And now, as it turns out, according to Berlingske (article in Danish), the number of corruption cases in the Maersk Group has set a new record in 2014 with a total of 13 corruption charges, nine of which are still being investigated internally.

The growing number of cases in Maersk Group could be the explanation for Nils Smedegaard's editorial in the Maersk Post of October 2014, headed The true cost of corruption, in which, and without explaining his timing for the article, Smedegaard emphasized, that corruption is one of the most serious risks faced by the Maersk Group - especially because corruption is already a widespread risk in many countries where the global company does business.

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