On August 7, 2025, Swedish authorities initiated a preliminary investigation into alleged corruption linked to investment activities by Alecta, one of the country’s largest pension funds. The probe follows a report filed by Sweden’s Financial Supervisory Authority (FSA) to the police, focusing on potential misconduct in Alecta’s investment in Heimstaden Bostad, a prominent property group. The investigation aims to determine whether individuals involved in the investment decisions engaged in corrupt practices, though specific details about the allegations remain under review. The FSA’s report highlights concerns over financial transactions that may have involved improper influence or benefits. Alecta manages assets worth approximately 1.2 trillion Swedish kronor (about $115 billion USD), making the investigation significant due to the fund’s extensive reach, serving around 2.5 million customers. The probe is expected to involve cooperation with law enforcement and financial regulators, with initial findings anticipated within the next few months. This action reflects Sweden’s ongoing efforts to maintain its high standards of transparency, despite recent declines in its Corruption Perceptions Index score, which dropped to 80 out of 100 in the latest ranking. The investigation has drawn attention from financial sectors and the public, with updates likely to influence future regulatory policies.
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