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Monday, May 27, 2024

Convicted Yara executive appeals prison sentence

Ken Wallace, the former chief legal counsel for Oslo-based fertilizer and chemical company Yara International, has decided to appeal the seven-year jail term he received after being convicted of corruption. It’s up to the Supreme Court whether it will hear his appeal.

Wallace, an American, was the only one of four former Yara executives who’d been convicted of paying bribes in order for Yara to do business in Libya and India. Yara’s former Norwegian chief executive Thorleif Enger was acquitted by an appeals court, as was Norwegian Tor Holba and Daniel Clauw of France, both former executive vice presidents. All four had been convicted and sentenced to prison by the Oslo City Court.

Wallace was singled out by the appeals court as the man who arranged for the millions paid out in bribes, and who tried to hide them. He has objected to the length of his sentence. “We are appealing the term of punishment, and are working now to see whether there also are other grounds to appeal,” Wallace’s defense attorney, Arild Dyngeland, told news bureau NTB. staff



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