Lars Moller, the former CEO of OW Bunker subsidiary firm Dynamic Oil Trading (DOT), reportedly plans to appeal against an 18-month jail term sentence by the Court of Aalborg in Denmark.
Moller is represented by defence lawyers Arvid Andersen of SJ Law and Anders Nemeth from AK Nemeth Advokatelskab.
The Danish court charged Moller with misconduct of “a particularly serious nature”, cf. section 280 (2) of the Criminal Code, cf. section 286 (1); he was also found guilty of violation of section 299 (1) of the Criminal Code.
OW Bunker, which was bankrupted in November 2014, found DOT trading with a partner that significantly exceeded the approved credit limit of USD $10 million.
“It was established by the judgment that at the time of the competition there were a total of about USD $90.2 million in transactions which had not been posted,” a statement from the court revealed.
Related: OW Bunker verdict: Prison sentence for Lars Moller
Related: OW Bunker: Verdict to be out on Wednesday
Related: Dynamic Oil trial: Lars Moller provides testimony
Related: All eyes on Dynamic Oil criminal trial at Denmark
Related: Dynamic Oil criminal trial set to begin in April
Photo: Per Johansen
Published: 13 June, 2018
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Tamisan Tumen, who had the rank of Second Warrant Officer, pleaded guilty to the charge under Section 165 of the Penal Code and agreed to pay the fine.
The first case of an emission-monitoring drone being used by China authorities to enforce sulphur emissions.
Creditors meeting aims to receive a statement of the company’s affairs together with the list of creditors and the estimated amounts of their claims.
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The seven individuals were charged in court for allegedly committing corruption-related offences sometime between 2014 and 2017, said CPIB.
‘We are here to transfer the extremely valuable knowledge gained over the past six years to the maritime sector, such that our customers are comfortable in the use of such biofuels,’ states CEO Olivier Baiwir.
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Equatorial Marine Fuel Management Services, Oldendorff Carriers, Lloyd’s Register and organisers took part in a Bunker Quality Claims Webinar moderated by Manifold Times on 10 November.
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Gealubes Consulting & Trading, the authorised marine business distributor of PANOLIN EALs at Singapore port, shares a two-part education series on Environmentally Acceptable Lubricants on Manifold Times.
30 Nov 2021
