Ulf Sundqvist
Encyclopedia
Ulf Sundqvist is a former chairman of the Social Democratic Party of Finland
, a minister in four cabinets in 1970s and a banker in 1980s.
Sundqvist was elected into the Parliament in 1970 and he served as the minister of education in three cabinets between 1972 and 1975. He was the minister of trade and industry from 1979 to 1981. Sundqvist left the parliament in 1983 and worked as the manager of STS bank from 1982 to 1991.
He was elected as the Chairman of SDP in November 1991, and he was replaced by Paavo Lipponen in June 1993. In 1993, Sundqvist was accused of fraud and he had to resign as the chairman. He was convicted of aggravated dishonesty
. He sentenced to pay back 16.4 million Finnish mark
s, but only 1.2 million marks was recovered. He also received a 6 months suspended prison sentence. Arja Alho used her authority as the second minister of finance to lower Sundqvist's financial liabilities in 1997.
Nowadays Sundqvist is an entrepreneur and a management consultant.
A smoker for 40 years, Sundqvist suffered a heart attack in Stockholm
in 2004. At the age of 61, he was diagnosed with mouth cancer. In 2007, a benign brain tumour (unrelated to the cancer) was found.
Social Democratic Party of Finland
The Social Democratic Party of Finland is one of the three major political parties in Finland, along with the Centre Party and the National Coalition Party. Jutta Urpilainen is the current SDP leader. The party has been in the Finnish government cabinet for long periods and has set many...
, a minister in four cabinets in 1970s and a banker in 1980s.
Sundqvist was elected into the Parliament in 1970 and he served as the minister of education in three cabinets between 1972 and 1975. He was the minister of trade and industry from 1979 to 1981. Sundqvist left the parliament in 1983 and worked as the manager of STS bank from 1982 to 1991.
He was elected as the Chairman of SDP in November 1991, and he was replaced by Paavo Lipponen in June 1993. In 1993, Sundqvist was accused of fraud and he had to resign as the chairman. He was convicted of aggravated dishonesty
Dishonesty
Dishonesty is a word which, in common usage, may be defined as the act or to act without honesty. It is used to describe a lack of probity, cheating, lying or being deliberately deceptive or a lack in integrity, knavishness, perfidiosity, corruption or treacherousness...
. He sentenced to pay back 16.4 million Finnish mark
Finnish mark
The Finnish markka was the currency of Finland from 1860 until 28 February 2002, when it ceased to be legal tender. The markka was replaced by the euro , which had been introduced, in cash form, on 1 January 2002....
s, but only 1.2 million marks was recovered. He also received a 6 months suspended prison sentence. Arja Alho used her authority as the second minister of finance to lower Sundqvist's financial liabilities in 1997.
Nowadays Sundqvist is an entrepreneur and a management consultant.
A smoker for 40 years, Sundqvist suffered a heart attack in Stockholm
Stockholm
Stockholm is the capital and the largest city of Sweden and constitutes the most populated urban area in Scandinavia. Stockholm is the most populous city in Sweden, with a population of 851,155 in the municipality , 1.37 million in the urban area , and around 2.1 million in the metropolitan area...
in 2004. At the age of 61, he was diagnosed with mouth cancer. In 2007, a benign brain tumour (unrelated to the cancer) was found.