published yesterday 05:30 PM

http://www.yle.fi/uutiset/news/2010/11/five_money_laundering_charges_2164521.html

An investigation into exports by the Finnish stainless steel manufacturer Outokumpu has lead to five indictments for money laundering. In addition, prosecutors are pressing for a corporate fine to be imposed on the company

The criminal investigation that was started by customs officials in 2007 examined Outokumpu export practices in sales to Russia. The suspects in the case have denied the charges and the company itself commissioned an investigation in 2009 that found there were no grounds to suspect illegal activities.

Charges of falsification of documents have also been filed against two employees of the shipping company Saimaa Lines Oy, a forwarding agent for Outokumpu.