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Finnair chief “relieved” at court verdict

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“I learned the hard way that it is not enough to follow legislation”

Following the news that Finnair’s chief executive will not be prosecuted for a controversial property deal, Mika Vehviläinen said: “I am relieved that the prosecutor has made the decision not to press charges in the sale of my apartment. It is good that the final decision was reached quickly.”
The decision of Finland’s deputy prosecutor general makes it highly likely that the CEO will keep his job at Finnair and continue with restructuring and cost cuts. Vehviläinen had been suspected of taking a bribe after selling his apartment to a pension fund, which then rented it back to Finnair while the chief executive kept living there. Charges will also not be brought against two managers at the pension fund and a former chairman of the board at the airline.
“I have learned the hard way that it is not enough to follow legislation, but one must also consider ethical viewpoints and how things may look,” Vehviläinen said. “I have been served a hard lesson and learned from it. It the future, I will consider things from a wider perspective.”
“It is important for both my family and for all Finnair employees that the matter has now been thoroughly handled and my actions have been noted to be in line with legislation. Waiting for the decision in the public eye has naturally been tough for me and especially for my family, and I am thankful for all the support I have received over the past months. I am glad that I can now together with my team focus on building Finnair’s future.”
Reuters / TTG
[pictured: Finnair President & CEO Mika Vehviläinen; photo courtesy Finnair]

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