Asgeir Almås
Encyclopedia
Asgeir Kåre Almås is a Norwegian
politician
for the Norwegian Labour Party
and mayor
of Hattfjelldal
.
In 2007 he was one of the eight mayors that led the municipalities in their accusations against Terra-Gruppen
in the Terra Securities scandal
, where Hattfjelldal risked losing NOK
103 million.,
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
politician
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...
for the Norwegian Labour Party
Norwegian Labour Party
The Labour Party is a social-democratic political party in Norway. It is the senior partner in the current Norwegian government as part of the Red-Green Coalition, and its leader, Jens Stoltenberg, is the current Prime Minister of Norway....
and mayor
Mayor
In many countries, a Mayor is the highest ranking officer in the municipal government of a town or a large urban city....
of Hattfjelldal
Hattfjelldal
Hattfjelldal is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative centre of the municipality is the village of Hattfjelldal. Other villages include Grubben, Svenskvollen, and Varntresk...
.
In 2007 he was one of the eight mayors that led the municipalities in their accusations against Terra-Gruppen
Terra-Gruppen
Terra-Gruppen, branded as Terra is an alliance between 77 Norwegian savings banks. Terra-Gruppen is a strategic alliance of local Norwegian savings banks, and co-ordinates work within the areas defined as falling within the alliance. The group supplies competitive products and services to banks and...
in the Terra Securities scandal
Terra Securities scandal
The Terra Securities scandal was a scandal that became public in November 2007. It involved highly speculative investments by eight municipalities of Norway in various hedge funds in the United States bond market. The funds were sold by Terra Securities to the municipalities, while the products...
, where Hattfjelldal risked losing NOK
Norwegian krone
The krone is the currency of Norway and its dependent territories. The plural form is kroner . It is subdivided into 100 øre. The ISO 4217 code is NOK, although the common local abbreviation is kr. The name translates into English as "crown"...
103 million.,