In September, a Danish court found the supplier guilty of a DKK24 million ($3.6 million) fraud against one of its customers.
NOVEMBER 20, 2017: Please note this article is being kept as a historical record of matters reported at the time, and that effective November 20, 2017 the High Court in Denmark acquitted Monjasa and Jan Jacobsen of all charges related to allegations of over-invoicing.
Read more here: https://shipandbunker.com/news/world/191317-monjasa-former-co-owner-jacobsen-acquitted-after-alleged-fraud
The High Court of Western Denmark today repealed a publication ban protecting the name of the supplier involved in the so-called "Danish bunker fraud" case, local media reports.
As Ship & Bunker reported in September, the Court of Kolding found, what is now confirmed to be Monjasa, guilty of a DKK24 million ($3.6 million) fraud against one of its customers.
Co-founder Jan Jacobsen, who stepped down as a Member of the Board following the verdict, was also named as the individual sentenced to three and a half years in prison for his role in the case.
The court-ordered anonymity for a second executive involved in the case, who was acquitted, remains in place.
For it's part, Monjasa's legal team expressed surprise at the original verdict, and the name ban is understood to have remained in place while it appealed the verdict.