At least 3 more firms probed in Norway CO2 case

 

At least three more firms are under investigation over allegations of tax fraud relating to carbon emissions, according to Norwegian police.

Two companies were known to be under investigation, but police said that they were looking into several others.

"We are looking into several companies that have bought and handled CO2 quotas from each other. Their number is in the range of around five, but there can be more," said Asbjoerg Lykkjen, a police lawyer at the finance and environment unit of Oslo police.

Two men have so far been arrested and held. "We don't rule out the possibility that there could be more arrests," Lykkjen told Reuters.