Former Center Party Leader Gustav Hemming Faces Charges Amid Pension Controversy

15-05-2025


Gustav Hemming, a former high-ranking member of the Center Party in Stockholm, is at the center of a legal and financial storm following allegations of sexual misconduct involving a minor. The incident, which allegedly occurred on the Roslagsbanan train line in August of the previous year, has led to Hemming being charged with sexual harassment of a child. Despite denying the allegations, the case has prompted significant scrutiny of his post-political career benefits.

In the wake of the allegations, Hemming resigned from his positions as climate, infrastructure, and archipelago regional councilor in Stockholm, ending an 18-year tenure as a full-time politician. His departure was swiftly followed by an application for a temporary pension and severance pay from the region, raising questions about the appropriateness of such benefits under the circumstances.

The regional council's remuneration committee has since decided to grant Hemming a temporary pension of approximately 77,594 kronor per month, starting from December 1, 2024, and lasting no later than September 30, 2037. However, this decision comes with conditions, notably that the pension will be adjusted should Hemming take on other public roles or jobs. More critically, the committee has stipulated that the pension rights will cease should Hemming be convicted of the charges against him.

Andrea Törnestam (S), chair of the regional board's remuneration committee, emphasized the seriousness with which the region views the allegations against Hemming. She stated that the region's legal team has been tasked with reviewing the case to determine the possibility of restricting Hemming's entitlement to benefits in the event of a conviction. This development underscores the delicate balance between legal processes and the allocation of public funds to individuals facing serious criminal charges.

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DNO ASA Strengthens Position in Global Oil Market with Strategic Acquisitions and Operational Efficiency

{'$date': '2025-05-15T13:56:30.280Z'}


DNO ASA, the Norwegian oil and gas operator, has announced its Annual General Meeting (AGM) for 2025, scheduled to take place on 5 June at The National Museum in Oslo. The company has made provisions for remote participation, allowing shareholders to vote electronically in advance or submit a proxy. This move underscores DNO's commitment to accessibility and shareholder engagement amidst its expanding global operations.

In addition to the AGM announcement, DNO has reported a solid first quarter for 2025, with an operating profit of USD 28 million and revenues of USD 188 million. The company's net production saw an eight percent increase, reaching 84,200 barrels of oil equivalent per day. This performance is particularly noteworthy given the transformative USD 1.6 billion acquisition of Norway's Sval Energi Group AS, signaling DNO's strategic pivot towards enhancing its footprint in Norwegian waters.

The company's operational efficiency in Kurdistan has been a highlight, with production in the Tawke license increasing by 11 percent quarter-on-quarter. Despite the challenges posed by the closure of the Iraq-Türkiye export pipeline, DNO has managed to stabilize and even increase production from existing wells through innovative rigless interventions. This achievement not only demonstrates DNO's resilience but also its ability to maintain profitability with minimal investment.

Looking ahead, DNO Executive Chairman Bijan Mossavar-Rahmani emphasized the company's intention to replicate its Middle Eastern efficiencies in Norway. With the Sval acquisition expected to close around midyear, DNO is poised to embrace the 'faster, cheaper, better' ethos of the early Norwegian oil industry. This strategic direction, coupled with the company's strong Q1 performance, positions DNO as a formidable player in the global oil and gas sector.