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CARGOTEC CORPORATION FINLAND
03.06.2019, 11:00:00

Suspected aggravated fraud in Cargotec's MacGregor business area - police preliminary i...

Suspected aggravated fraud in Cargotec's MacGregor business area - police preliminary investigation ongoing

Cargotec confirms that the National Bureau of Investigation in Finland has initiated a preliminary investigation about a suspected aggravated fraud in connection with its MacGregor business area. The National Bureau of Investigation issued a statement about the case earlier today (in Finnish only). 

Cargotec detected the suspected financial fraud during an internal review and made an investigation request to the Finnish authorities. The suspected misconduct does not have an impact on Cargotec's financial result.

Cargotec has a zero tolerance policy for misconduct, and is fully supporting the authorities in their investigations. Due to the incompleteness of the preliminary investigation, no further information will be issued at this point. Neither MacGregor or Cargotec are suspected of criminal actions.

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