Traders Fired Over Bonuses in Danish Energy Market Scandal
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Three traders at one of Denmark’s largest energy companies have been dismissed after refusing to forfeit bonuses worth as much as 300 million kroner ($44 million) each, earned during the boom market of 2022.
Energi Danmark Group, whose main owner is a cooperative of Danish power customers, said in an April 3 statement that it had no choice but to fire the employees and reiterated the uncapped bonuses weren’t legal.