Finland Times

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Home BUSINESSFinavia to take action against ex-CEO
Tue, 15 Nov, 2016 12:01:11 AM
FTimes – STT Report, Nov 15


National airports operator Finavia has decided to bring action for damages against the company's former CEO Samuli Haapasalo.

Finavia's claim for damages relates to the company's structured interest rate derivatives contract that ended in 2011.

According to a company board of director’s report completed in October, the jurisdiction and reporting relations and practices related to the derivatives agreement, among other things, were incomplete for Finavia in 2011.

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