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Conflict of Interest Investigation

Swedish Government Stock Controversy Dashboard

Tracking ministers' share holdings, sell-offs, and conflict-of-interest incidents — 2023–2024

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Ministers Involved
4
Across 3 political parties
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Total Portfolio Sold
~1.44M
SEK divested from individual stocks
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Companies Divested
13+
Including defense, energy & tech
⚖️
KU Reports Filed
1+
Committee on the Constitution
Portfolio Values Divested
Individual stock holdings sold off (SEK)
All Sold
Controversy by Political Party
Number of ministers implicated per party
3 Parties
M – Moderaterna
KD – Kristdemokraterna
L – Liberalerna
Controversy Severity Score
Based on portfolio value, timing, and public scrutiny
Composite
Sector & Value Exposure
Industry sectors held vs. portfolio size
Sector Risk
Holdings Breakdown by Minister & Company Type
Composition of divested individual stock portfolios
Stacked Analysis
MS

Maria Malmer Stenergard

Foreign Minister (prev. Migration Minister) · Moderaterna
M
Portfolio Value ~720,000 SEK
Companies Held 10 companies
Key Controversy MilDef shares vs. defense order
Action Taken Full liquidation → index funds
KU Report Filed Yes
Severity Critical
LE

Lotta Edholm

Schools & Higher Education Minister · Liberalerna
L
Portfolio Value ~700,000 SEK
Key Companies Atlas Copco, SKF, Tellusgruppen
Key Controversy Tellusgruppen (private school conglomerate)
Action Taken Full liquidation of individual shares
KU Report Filed No
Severity High
JB

Johan Britz

Former State Secretary · Liberalerna
L
Portfolio Value Undisclosed (partial Saab)
Key Company Saab AB (defense)
Key Controversy Sold Saab same day as jet deal approval
Action Taken Sold remaining holdings pre-ministerial role
KU Report Filed No
Severity Medium
ES

Erik Slottner

Civil Minister · Kristdemokraterna
KD
Portfolio Value ~19,000 SEK
Key Company Eolus (wind power)
Key Controversy Missed conflict-of-interest declaration
Action Taken Sold Eolus shares; self-reported error
KU Report Filed No (self-reported)
Severity Low
Key Incidents Timeline
Chronological sequence of share purchases, sell-offs, and decisions
Chronological
Stenergard
M · Migration Min.
MilDef Share Purchase
Purchased MilDef shares while government was finalizing a billion-kronor defense order for combat vehicles. Stenergard participated in the cabinet decision authorizing the deal — a direct conflict of interest.
Conflict of Interest · KU Report Filed
Britz
L · State Sec.
Saab Sell-Off – Same Day as Jet Deal
Sold Saab shares on the exact same day the government requested parliamentary approval for a massive Saab fighter jet and surveillance aircraft deal involving Denmark and Peru.
Suspicious Timing · Insider Knowledge Concern
Edholm
L · Schools Min.
Tellusgruppen Holdings
Held shares in Tellusgruppen, a private school conglomerate, while serving as Schools Minister — a direct policy-sector conflict. Criticized early in her tenure; later liquidated remaining ~700,000 SEK in industrial stocks.
Policy Sector Conflict · ~700,000 SEK Divested
Slottner
KD · Civil Min.
Eolus Wind Power Shares
Inadvertently failed to declare a conflict of interest regarding a government decision involving Eolus. Self-reported the error to Ekot, describing it as unintentional, and immediately sold the ~19,000 SEK holding.
Self-Reported · ~19,000 SEK Divested
Sector Distribution of Holdings
Industries represented in divested portfolios
By Sector
Defense & Security
Industrial Machinery
Renewable Energy
Education (Private)
IT & Tech
Portfolio Comparison: Before vs After
Individual stocks vs. index funds shift
Post-Divestment
Conflict Risk Heatmap by Minister & Category
Risk level across key dimensions (0–10 scale)
Risk Assessment
Data sourced from public reporting: SVT, Ekot, Dagens Nyheter · Visualized for educational and informational purposes only