Former Swedish Finance Minister Anders Borg has left the board of mobile microinsurance company BIMA following actions at a party in July which he himself described as rude.
According to reports in Stockholm, cited by Business Insider, Borg allegedly threatened people and used misogynistic language – not to mention exposing his private parts.
In an apology posted on social networking site Facebook, Borg explained he had a “blackout” during the party and that he had been under a lot of pressure recently.
“I would like to apologise sincerely to those present who took offence,” Borg said. “Feeling great disappointment and remorse over my behaviour.”
In a second statement Borg – who was reported to police over his alleged demeanour, according to Aftonbladet – stressed that he did not commit a crime. An investigation in Sweden is ongoing.
“I cannot comment on the situation that has arisen further. My apology on Facebook was about me being rude. It should not be interpreted as a recognition of a crime. I haven’t done anything criminal,” posted Borg.
Meanwhile, in an email to news agency TT, as reported by The Local, Borg wrote: “In a situation of great media attention, I have decided to leave my post as vice chairman on Kinnevik’s board and as board member with BIMA out of consideration for the companies.”
Tech investment firm Kinnevik has appointed Dong Energy chief executive Henrik Poulsen as deputy chairman to replace Borg – who has also resigned as a senior advisor to investment bank Citi.
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