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For decades oil and mining the Lundin familybelonged to Swedens most controversialcontractors Since 2010 an ongoing criminalinvestigation in which Lundin Oil is beinginvestigated on suspicion of crimes underinternational law in Sudan In the first majorinterview in several years gives the brothers Ianand Lukas Lundin his view of the criticized oilbusiness in Africa

The time is quarter to nine Tuesday morning when the captain steertowards Ian Lundins house Motor boat with a dozen seats dock at thepier in front of the house

Lukas Lundin is already sitting in the stern He just got picked up athis home three houses away

The brothers Lundin want to pouroil on the waves

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The brothers Lundin

Name Luke HenrikLundinBorn in 1958Lives GenevaFamily Divorced FoursonsWealth 3 billionaccording to Publishersestimates (2014)Name Ian HenrikLundinBorn in 1960Lives GenevaFamily His wifeVirginia A son and adaughterCapital 4 billionaccording to Publishersestimates (2014)

Lundin GroupThe mining companyNGEx ResourcesProjects in Canada andArgentina Marketcapitalizationcorresponding to SEK87 billionDiamond companyLucara Diamond Minein Botwana Marketcapitalization 5 billionThe mining companyLundin Mining MiningProject in Chile SpainPortugal Finland theUnited States the DRCand the Zinkgruvanmine in Sweden Marketcapitalization 21 billionGold company LundinGold Projects inEcuador Marketcapitalization of 26billionUranium MinesCompany DenisonProjects in CanadaZambia Namibia andMongolia Marketcapitalization of 42billionCoal company CorsaCoal Also coshyownslarge coal companyPBS Coal Marketcapitalization of 13billionThe oil companyShaMaran PetroleumProjects in Iraqi

Before Ian Lundin jumping on board hands over his racing bike the olderbrother receives and lean the bike against her

Two years ago Lukas Lundin moved to Geneva in Switzerland afteralmost 25 years in Vancouver Father Adolf H Lundin had sent him toCanada to maintain our position in an important market in the globalmining industry

Now that the brothers live in the same city right next to each other it hasbecome a morning routine to go by boat to the job Partly avoid the trafficqueues and they get a quiet chat It rarely business calls Its too earlyfor that

The engine humming mixed with the sound of the hull cleaves the waterThe sun warms 20 degrees The brothers wearing sunglasses indifferent colors but the same model shy folding shy in the bright sunlight Bothare dressed in shirt blazer and light trousers Ian has brown loafersLuke black boots

They discuss what round they should ride in the evening They usuallyhead out on a long trip each week either Tuesday evening or onSaturdays A couple three hours around 5shy8 mil in the nearbymountains

As they approach the center of Geneva shouts Lukas Lundin as captainPulling a joke that the captain must beware that he does not runaground

Ian Lundin leans forward throwing a glance on the rocks a shortdistance away

shy  Cest bonne Cest bonne he shouts and the men forward

Two days ago on Sunday Luke returned from a tour in the Middle EastIt was about the new project a little holiday and so governmentmeetings

shy The meetings are important to see if they want you as an investor Ifthey want us to be where they need to change some laws If they are notinterested there is no point for us to be there To clear all say they areinterested but then you have to see if something happens says LukasLundin

First stop was a weekend in Marrakech in Morocco since the meetingsin Cairo and Dubai continue to Amman in Jordan The trip ended with atour of the ancient city of Petra

shy Poor Jordan It was completely empty in Petra Usually the 6000tourists a day now it was 600 says Lukas Lundin

The brothers talk about the Islamic state IS Ian Lundin asks if the terrorgroup still has control of Mosul in Iraq

shy They got back Mosul Tikrit fighting it on now I can not understand howthe IS has been able to stay so long They are completely mad says theolder brother and thinking about the terror organization would probablynot make particularly good on the oil they sell

shy How much can they get 10 dollars a barrel

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Kurdistan Marketcapitalization of 12billionThe oil company LundinPetroleum Projects inNorway Marketcapitalization 429billionThe oil companyBlackPearl ResourcesProjects in CanadaMarket capitalization of35 billionThe oil company AfricaOil Projects in Kenyaand Ethiopia Marketcapitalization of 63billionThe oil company AfricaEnergy Corp Projectsin Somali PuntlandSolar energy companyEtrion Operates inChile Italy and JapanThe family also ownsproperties inSwitzerland withshopping malls hotelsstudent flats andapartment buildingsHoldings with meatbreedingMoreover also drivenphilanthropicorganization LundinFoundation

Lundin Oilsbusiness in Sudanbull The regime in Sudanassigned Lundin Oil in1997 an explorationpermit in the area calledBlock 5A At the sametime the civil war andthe contradictions arebetween Riek MacharsDefense Forces aformer rebel leader asthe Khartoum regimehas recruited and amilitia group led byPaulino Matiepbull Both sides strive toprovide security for theoil companies in theregion In the battle forcontrol of the oil fields isdone a number ofclashes in 1998shy99bull 1999 makes LundinOil makes major oildiscovery in Block 5AThe same year warnsUN rapporteurs that theoil issue seriouslyescalated conflictbull In May 2000 Lundincancel operations aftera deadly insurgentattack and the sameyear elected formerPrime Minister Carl Bildt(M) into the companyBoard MeanwhileAmnesty argues thatcrimes against humanitycan koppplas together

Home to Geneva came Lukas Lundin with private jet flights from Aqabathe port city in Jordan just one kilometer from both Israel and SaudiArabia

shy For safety reasons the pilot was forced to make a rapid and high climbto 6000 feet It was like getting a rocket up his ass

Shortly after nine put the at the quay just a few hundred meters fromthe office Lundin brothers go off and unload the boat visiting a man atthe dock as pysslar with his boat

The rolls racing bike the short distance to the office Nobody seems totake greater notice of the two men in middle age wearing workout bagswith changes of clothes and briefcase in one hand Two men whoapparently are the main suspects of crimes under international law in thecriminal proceedings as a Swedish prosecutor in Stockholm runs for fiveyears

The bikes will not fit in the lift but must be carried up the stairs four floorsup

Lukas Lundins voice echoes throughout the staircase Nobody isallowed to lift

Echoes of laughter

shy Only no one believes that the only thing we do is to ride a bike saysLukas Lundin

New laughter It should be more of that

Their father Adolf Lundin founded the company group of brothersgovern today

Adolf H Lundin had worked for Shell in South America before the familyin the 1970s moved to Geneva Here he started several companies wereoil gas and ore worldwide The successes were mixed there weredrilled many dry holes

Get financial players were initially willing to lend money to Lundins oiladventure instead he turned to Swedish private persons who purchasedshares in his company

shy They were very important at one time Dad went around in Sweden andhit small savers shy that was why he became so famous says LukasLundin

Adolf H Lundin was controversialHe was described often as acharming adventurer who didbusiness wherever in the worldthere were assets Adolf H Lundinbecame dictators friend In theDRC he charmed the dictatorMobutu and got a mining licenseIn Qatar he entered a bet with thesheik that it would rain shy lost amillion bet but got the license tosomething that proved to be one ofthe worlds largest gas fields Themotto was no guts no glory Hewas getting into markets that largeoil companies shunned and hewas widely criticized for businessin South Africa the DRC andSudan

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with the oil companiespresence in Sudanbull Lundin Oil will resumeoperations in March2001 The UNrapporteurs argue thatthe government whilethe local population tothe oil companies tocontinue operationsbull Doctors WithoutBorders noted in 2002that the area whereLundin explorationturned into an infernofor the civilianpopulation and theHuman Rights WatchReport 2003 argues thatLundin ignored thegovernment armyskilling looting andbombing civilian targetsbull In June 2003 LundinOil AB sells its stake inBlock 5A to Malaysianoil company Petronasfor $ 145 millioncorresponding to SEK12 billion

shy Dad said I go where the great assets is said Ian Lundin It was greatassets in Congo why he went there Large oil fields were found inSudan why he went there He was looking for assets and the assetswere in these places that is how he explained it

Despite some successful deals took the big financial success until the1990s

In 1995 the company was sold Musto a copper and gold deposit inArgentina for about SEK 28 billion and in 1999 was sold ArgentinaGold 17 billion of which half a billion went to the family Revenues thatfunded new investments

When Adolf Lundin died in 2006 he handed over a collection ofcompanies worth over 80 billion Today the family has control over agroup of companies worth about SEK 100 billion

The largest companies are Lundin Petroleum (market capitalization of 43billion) and Lundin Mining (market capitalization of 21 billion)

In recent years attention has been directed to Africa Oil which untillast year drilled for oil in the Ogaden region of Ethiopia Lundin wasrelentless criticism but left the area to drilling showed that oil reserveswere not large enough Africa Oil drilling now in other parts of Ethiopiaand Kenya The risks are not very large according to Mr Lundin

shy They have alshyShabaab who shot down the students and they hadthose problems in the shopping center It seems to happen Kenya everytwo years But I do not think there is any political risk the country isunusually stable politically to be East Africa he says

Most criticized the Lundin family has become the oil business in Sudan1997shy2003 where the family company Lundin Oil appeared

The Board at the time sat former Prime Minister Carl Bildt (M) Thecompany was sold in 2001 to the oil company Talisman Energy andSudan concessions to the Malaysian Petronas 2003

Ogaden criticism blew over But business in Sudan has resulted in aninvestigation launched by the International Public Prosecution Office inStockholm The progress since 2010 five people working on the mattertoday The main suspects are representatives of the company

Ian and Lukas Lundin could become the first Swedish business leadersindicted suspects for crimes under international law

The brothers are rolling in the bicycles in the office the door isadorned with a blank billboard The Lundin Group

shy  Bonjour greet the receptionist and the brothers greet back

They leave the bikes at the reception and go to their respective rooms

The office has siteshybuilt wooden paneling The deacutecor is a mix of traditionand the late 1990s when it later was rebuilt

Lukas Lundin has taken over Adolfs old office which has been emptysince 2006 It was consecrated the firstborn 2013 moved Lukas Lundinin He has not touched anything There is a shrine he says

From its slim briefcase he takes out his iPad and reading their emails Hestruggles to get an attachment appear properly Last night came thenews from the corporate groups diamond producer

shy Check Lucara has found a diamond of 350 carats Some analysts atSwedbank thought it could be sold for $ 10000000 Good guys there atSwedbank maybe we should give them more business

Lukas Lundin turns to his Swedish colleagues Robert Eriksson

shy Or so I buy it yourself What do you think about wearing black tshyshirtand put it into a gold chain around his neck Changing the style a littlebit Yo yo

Their laughter is noisy

Ian Lundin is in his office Unload their portfolio throws his Swedishpassport on the desk

shy I was and renewed it at the consulate he says casually

Swedens Honorary Consul in Geneva Torbjorn Tornqvist a media shy

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multishybillionaire and major shareholder of oil trading firm Gunvor GroupThe office is located nearby US and EU have targeted sanctions againstthe Toumlrnqvist Russian business partner which he now cut ties withLundin family has done business with Toumlrnqvist as the family alreadyknow

shy Well Torbjorn was kind and gave me a new passport said Ian Lundinwith a smile

He throws a last look at the desk before he goes down the stairs againOutside is the captain who is now acting chauffeur They jump into theMercedes SUV In the car call Ian Lundin manager announces itsarrival Fipplar ago with his Nokia mobile write text messages

shy With an Iphone you get all emails I do not want to have he says

A drive 20 minutes away not far from their own home the hotel is as IanLundin had built and which he visits several times a week

The sun shines even sharper now Mercedes Park in front of the hotelIt overlooks a lake large green areas a nineshyhole course around thehotel and horses at the adjacent barns Around the towering mountainsin the horizon one can discern the Mont Blanc

A couple of managers standing in front of the hotel in the light breeze shywelcoming committee Ian Lundin bought the properties for just over tenyears ago Converted it to the hotel which was inaugurated in 2007 TheJiva Hill is a luxury hotel with about 30 rooms Price 2 700 SEK pernight

Some say that Ian Lundin have retreated and occupied themselves withsmaller public companies as the hotel to avoid the spotlight after theharsh criticism that followed in the wake of the Ogaden drilling and theinvestigation for crimes under international law In recent years he hasnot given any more interviews

shy I think it is important to leave room for those who maintain the companytoday he says who is Chairman of Lundin Petroleum

He admits that he tried to get away from public view

shy Well you go through different phases And before I was president Butit is possible that I am a little less audience now than I was before

He goes around the hotel welcomes a physically fit man in his 50s whojust swam laps in the pool and that proves to be the owner of the nearbylake

Ian Lundin stop sit down

It is time to speak about Sudan

The years from 1997 to 2003 was Lundin Oil operates in southernSudan the current South Sudan A civil war erupted Since 2010 leadingMagnus Elving a preliminary investigation directed againstrepresentatives of Lundin Oil

shy We are investigating whether the alleged crimes of the Sudanesemilitary and the militias have taken place says prosecutor MagnusElving before my departure to Geneva

shy The purpose of the investigation is primarily to prove that the allegedcrimes took place and secondly whether there could be a Swedishconnection to this

Magnus Elving points out that he is not singled out anyone any name oreven a company name

shy Admittedly I have not denied the information that appeared in themedia

Already in May 2000 the human rights organization AmnestyInternational warned that the civil war in Sudan was exacerbated by theoil operations that Lundin Oil pursued

Why it took ten years to the preliminary investigation initiated

shy The question I also asked myself says Magnus Elving It came in anotification to us in 2010 It was among other things that which led theinvestigation Then there was a practical point of view before 2008 therewere no investigating this type of crime Nowadays we crimes court since

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Ian Lundin notes that the events in Sudan has not left him indifferent

shy I have been very affected personally because I was president of theInternational Petroleum Corporation the company was called before itwas renamed Lundin Oil

He says that the criticism already in the early stages differed from whathe and the company perceived position they tried to be transparent andinvited journalists to Sudan because they would get a better picture ofthe situation

One of these was the journalist Bengt G Nilsson In 2000 SVT had senthis documentary about the oil in Sudan where Lundin Oil was one of thecompanies portrayed

The following year phoned Ian Lundin him with an offer of a factshyfindingtour in southern Sudan Bengt G Nilsson demanded to be free to filmwhat he wanted So it was

shy We would go by car from Rubkona where Lundin had its headquartersto their oil rig A trip of 7shy8 mil in a southeasterly direction on thisinfamous oil route Lundin had built says Nilsson

When they paused to smoke and stretch your legs filmed Bengt GNilsson little environmental images on the landscape Suddenlyapproached a gang of child soldiers armed with kalasjnikovar

shy I caught this moment with child soldiers Ian was at first a little reluctantto be filmed but it was pretty good says Nilsson

The tenshyminute segment aired on SVT in 2001 and today is solid proof ofhow close Lundin was conflict Some have argued that Lundin receivedthe patronage of the groups which used child soldiers something thecompany has denied persistent

Several years later Nilsson wondered how Ian Lundin latter havethought about the situation they were involved They have not met since

Affected you of the meeting with the child soldiers

shy Altogether says Ian Lundin and becomes quiet

What

shy  What is the solution I am an engineer You can see that this is aproblem this needs to be resolved The solution is peace and to ensurethat the economy develops That those kids have a school to go toinstead of fighting

Lundin Oil was awarded the concession by the government in Khartoumin an area that rebel groups SPLA claimed Reports have subsequentlyruled that the way Lundin had built was used by the regimes militarytroop movements that led to an enormous number of people had to fleewounded raped and killed

According to the ECOS report in 2010 led to your involvement that 160000 people were displaced over 20000 were killed

shy It is absolutely wrong We had something to do with it is totally wrong

Ian Lundin believes that allvaumldersvaumlgen was built to be used even duringthe rainy season and when it was drawn up was to extent that it would

not disturb people in the area

shy It is clear that when the road was in place it became a vital link thateveryone used All used that way When the war got worse there weremany who used the road to escape For Rubkona and Bentiu wherethere was relief organizations Many moves yet on when it is the rainyseason Then they move all their cows and everything to dry areasWhen dry they go back to the rich grass

shy So its much coming and going It is clear that with the war and all therelief organizations in Bentiu it was even more so

Bengt G Nilsson who was interrogated on two occasions by MagnusElving and his investigators at the International Public ProsecutionOffice testified that he saw a helicopter gunship associated regimeparked at Lundin Oils base camp Rebel group SPLA fought in the areaagainst the regimes military which gave Lundin Oil patronage

How do you explain that combat helicopters were parked at your basecamp in Rubkona

shy When I was there there was a helicopter there said Ian Lundin I neversaw a helicopter that was out on a mission

shy The war when it really started to get going with SPLA It wascomplicated a bit like the Middle East today

Ian Lundin becomes quiet Then he says

shy When we began to work there so SPLA far away from our area Theybegan to approach our area two or three years after we had alreadybeen there Then it became very military activity around the refugees

Ian Lundin believes that the rebel group SPLA approached to the peaceagreement collapsed

shy A guy called Dr Reek Machar was the head of the ethnic group nuernahe went over from the other side of the SPLA Then he decided that oilinstallations would be military targets

Your presence influenced the conflict just as you said the SPLAadvanced against your base to the watched you as military targets

shy In the beginning when we started working there we had a fewincidents a helicopter was shot at It was very tribal battles around Butthey said we were not a goal youre not a target this is a tribal affair

shy But when Reek Machar went over to the SPLA shy years 2000shy2001 shywhen we became military target When we suspended operations saidthat we can not work here until a peace agreement is reachedSuspended in 2001 and did nothing more until 2005 when theComprehensive Peace Agreement was inscribed

The journalist Bengt G Nilsson who for decades followed thedevelopment in East Africa in his book The oil price from 2014responded to Lundin not hired better advisors and experts to the region

Ian Lundin believes that todays conflict in South Sudan is linked to theprevious ones

shy What you see today in South Sudan is what we saw its very tribal Inthe end you start to fight with each other

shy I can say that there is no one who says Im a specialist It is today inthe Middle East there is no one who can say that they really understandwhat is happening Its the same as when we were there

Why have not hired counselors who can assess the conflicts better

shy Is there anyone who can says Ian Lundin laughing

shy Do you think the US government has good understanding of theconflict Look at what happened when they removed Saddam and whenthey took away Gaddafi None had understood what would happenafterwards It is clear that conflicts are complicated that is why they areconflicts

Ian Lundin maintains the line that they have had in many years theywere not a pawn in the game and Lundin Oil fueled not in conflict

shy I could say it was the other way around says Ian Lundin Theres beencivil war there for 50 years shy yes since independence When oil became

a part of the image they had to sit down and reach a peace agreementSince 2005 written a Comprehensive Peace Agreement and the 2010South Sudan became independent

Most experts would say that the fighting was all about who would havethe power over the oilshyrich areas

shy The Civil War began before anyone had pierced

However the intensity increased by your presence

shy You could say that and then there was peace

shy You can also ask the question Had there been a peace agreement ifthere had not been any oil They would have fought even today Nowthey fight in Southern Sudan instead

You just said that the SPLA came closer to you shy that you had a part inthe war became more intense

shy I do not think so What I noticed when we were there shy it was tribalwarfare SPLA had a real propaganda machine and they used oil

Ian Lundin believes that the SPLA engaged in propaganda against aidorganizations and soshycalled nonshygovernmental organizations (NGOs) tobenefit their political ambitions

shy They fed all NGOs with genocide with people dispossession andclearing the oil fields All of that came from the SPLA they used it aspropaganda For me when looking at the locals we were the best thatcould have happened to them We built roads we built schools We hired

You were a pawn in the game shy it was not the best thing that could havehappened to the locals Clans were pitted against each other when theyunderstood that here was something that foreigners wanted

shy But the conflict today is the same players as then

Yes but then it was oil

shy The oil became a part of the whole picture The oil had affected thewhole political picture it was as I said the SPLA which carried out thepropaganda Since it became a reason for trying to find peace

Now cancels press secretary Robert Eriksson and points out that there isan ongoing criminal investigation to be more detailed than this callshould not be

How has the investigation affected you

shy We have looked in detail what happened when we were there Wevebeen through everything That if people dispossession of the roads sakeor genocide shy it did not happen says Ian Lundin

What do you think about the preliminary investigation lasted five years

shy Its a very serious thing In a way it is good that we finally get a chanceto say what really happened Im just waiting for me to speak with themabout it

Are you stressed that you possibly suspect

shy Stressed or stressed it is clear that you take it seriously but I do notfeel that I somehow done something wrong

What will happen if a charge is brought against you

shy Well see if it happens when it happens

Will you be leaving Lundin Petroleum

Ian Lundin laughs and then says

shy I can not answer that

Press chief Robert Eriksson next sufflerar

shy The best answer is that you are completely convinced himself

shy Yes Im convinced said Ian Lundin who did not finish the sentence

That there is strong evidence in the preliminary investigation evidenced

by that last autumn appointed a courtroom clerk This means that thevictim has been identified the victim who is now represented by a lawyerGoumlran Hjalmarsson According to Magnus Elving he represents morethan just one person

According to an informant also a former Lundin director at a key positionquestioned by Magnus Elving The main suspects have not been heardit is expected to occur in the commissions final stage

The prosecutor would not comment on this but stated that a largenumber of people shy upwards of a hundred shy have been interrogated

Magnus Elving which also would make the decision whether toprosecute states that such a decision is likely in 2016

shy As I said I look forward to the day when I can sit in front of him saysIan Lundin

In the meantime the Lundin family hired public relations firm Kreab toimprove his image It has meant among other things have organizedmeetings and dinners at the auction firm Bukowskis with businessleaders business representatives politicians and other invited guestsThe aim is to change the negative image of the Lundin family

shy We feel a bit misunderstood little misunderstood It is clear that wewant to be perceived correctly I think that all companies want he says

Even if it is a minimal share of the corporate groups total business it isnonetheless a fact that the Lundin Group still has companies active inconflict zones in Puntland in Somalia and in Ethiopia

Why do you need to operate in conflict zones

shy It goes back to philosophy there are pesky countries in the world withmuch suffering What is the best way to help the countries it is to isolatethem turn back and pull away and let them kill themselves and let theeconomy collapse Or to go in get involved and try to do somethingpositive

Even if it means that you must collaborate with a dictator

shy Exactly It means that one must be prepared to work with variousgovernments

Lundin Petroleum will soon be the second largest oil producer in NorwayWhy can not you be content with Norway

Ian Lundin laughs at the question

shy It would have been the easiest But thats not our style Our style is tobe international and to have no isolation but to provide the opportunityfor our shareholders to be involved in different parts of the world It isclear shareholders are free to decide whether they want to or not

A quick glance at the clock Ian Lundin has a lunch booked in town at 13Gets up goes towards the car

On the terrace belonging to the tavern Perron is already Lukas LundinAshley Heppenstall President of Lundin Petroleum and has workedclosely with the family since the 1990s They sit with a beer in the shadeof a tree Small leaves Singles bottom of the jackets

Ian Lundin sits down sees his brothers halfshyfull glass of beer and orderquickly own

shy Hm what I did this morning thinking Lukas Lundin Someone emailedand wanted to sell a cement plant in India

Since a breath before the punch line

shy Not sure if I wanted to buy

The gang laughs Ashley Heppenstall is a Briton in his 50s Hardly anywrinkles in the forehead small dainty hands and wide in general Heleads the company worth over 40 billion shy crown of Lundin empire LukasLundin has said that the value of the company within two or three yearswill be a few times larger thanks to the large oil discoveries in NorwayThe pressure on the CEO is barely noticeable Perhaps because of thecontroversial operations in Africa was in another Lundin Company AfricaOil Now it is Norway that applies to Lundin Petroleum

Ashley Heppenstall trying to figure out how many lunches they have

eaten here on Adolf Lundin ordinary restaurant where a number of largedeals learning has been made

shy Lets see its 60 times a year It is in any case more than once a weeksays Heppenstall

He takes a sip of beer Luke agrees calculation

shy Okay say Heppenstall Conservatively 50 50 20 years what will itbe Uh yeah 1 000 Oops 1000 lunches here It would have beencheaper to buy instead

Laughter again

Ashley Heppstall says that he at no time asked the board member CarlBildt why he agreed to take the place of Lundin Oil

shy He said that Lundin was the largest oil company in Sweden and thatnearly all geopolitical issues affected by raw materials He seemed tothink it was intellectually interesting to sit on the Board said Heppenstall

An hour earlier Ian Lundin laughed at the question of Carl Bildt askedagain

shy Getting back to the board No we have not asked He was on theboard then it was in a way important to us He did very good things andwas needed at the time

Now take a waitress up Lukas Lundin order a bottle of white wine Thetrio ordering the mixed salad for an appetizer Brothers selects bass withrice for the main course Heppenstall steak tartare

Lukas Lundin asks his brother if he is done with his part of the interviewwith DN

shy Yes Thank God its over he replies with a smile and empty beer glass

Then he turns around points in the direction down the street next door

shy Do you remember that place over there When it was really tough dadwent there where you had to fondue and wine for three francs

Heppenstall

shy I remember once when we were on an investor trip to Libya with Adolfthere was a dinner so he stood up and said I have to make astatement this is a remarkable evening for the first time in 24 years I eatdinner without wine

The trio laugh at the memory of Adolf H Lundin It is followed by morestories more memories and more wine Directors have a nice day in theshade of a tree

When the waitress brings the bill signed by the Ian Lundin Theespresso is empty and all go the short distance to the office Which hasonly Lukas Lundin an individual meeting with Heppenstall then IanLundin same

Lukas Lundin sitting in the office chair in his study Unlike brotherwhich has a PC yet computer desktop

He has a bit of paper in front of him and a phone that goes in one LukasLundin is the restless extrovert brother According to people close to thefamily he is the brothers who are most like his father Adventurous anddriven to do business Mergers investments or divestments does notmatter shy as long as there are transactions

shy I like to build things to have things consistently to make new businessfinding oil fields and building mines Its pretty fun says Lukas Lundin

The move from Vancouver marked a shift for the family sphere thatbusiness is more concentrated on this part of the world Lukas Lundinmeant to go from 450 flight hours to 300 a year With its own privatjetenEach flight hour teaches cost 100 000 SEK Planet pays for thebillionaire himself

Recently it became known that his new 83shymeter yacht shy the worldslargest hybrid yacht and the worlds 75th largest boat shy was inauguratedin 1000 partygoers As many had been involved in the constructionWithin the immediate circle expressed Lukas Lundin concerns about howit was perceived in Sweden but were reassured that even the paymentof their own money and not something Lundin Company

The former apartment in Vancouver covering one floor of a skyscraperThat he has sold shy you have to finish it to not go back all the time Therehe had a gold bar in the living room the first to be broken at a goldproject That he has taken with him to the new residence a large housenext to Lake Geneva

Empty nesters and he has been divorced for many years He says helives alone

You have no girlfriend

shy Well little girlfriends Maybe a few too many he says with a laughstating that he had already been married once

shy It may suffice

Lukas Lundin visiting Stockholm for meetings every month But a moveto Sweden think he is not up to date not even in the future

Is it because you would not fit in Sweden with your lifestyle private jetsyachts and several girlfriends

shy Yes it probably would perhaps stand out a bit ha ha

It is a comfort to have a great fortune

shy Of course it gives security but then how much do you need

shy It depends on how much you should have answers his own questionwith a laugh You do not need so much Ingvar Kamprad said surely onemillion and five hundred thousand It depends on the character

If you should have private jets or not

shy Yes exactly

It is galling to many you have earned so much money over the years

shy Its been good but its been pretty hard the last two three years Allother markets have gone up and the commodities market has stood stillBut it goes in cycles

Last weeks tour of the Middle East have convinced him of the newbusiness despite the Lundin Group has had an eventful autumn behindFor two months several major transactions the purchase of new copperand gold assets Additionally the refinancing of existing companies Thefamily invested about two billion

shy When you are an entrepreneur do you always investments The onesitting on cash is not an entrepreneur he says

The next year he believes in investing in Egypt a couple of differentprojects he has already called

shy Thats right interesting times to look there people are a little worriedabout oil prices and all are somewhat fearful of Egypt as I think seemsto work quite well

There is information that the IS is in Egypt

shy IS is not in Egypt They are well in Libya and Iraq the most

No matter how you look at it there jihadists in Egypt

shy Yes there are some problems in northern Sinai says Lukas Lundin

shy I do not think that the IS is so dangerous One can make goodagreements with the government And it has been a stable country forlong

Neither he nor his brother seems to care about the persistent and longshystanding criticism It confounds not new business

Lukas Lundin points out that the oil industry generally receive muchcriticism stating that the criticism of the shops in the Sudan mainly comefrom NGOs He hints at something of a conspiracy

shy It is quite interesting to Sweden has such a law called one would haveknown There are two million white people in the NGO business life thatlives by running around some do well and some do quite a lot of painSweden is a pretty good place to test if any company can say that onewould have known

shy Many reports written about it and some Swedish prosecutors brought itup because we get so much criticism If they could get it that we shouldhave known when it will open up a huge door for all these guys

Lukas Lundin has personally seen how inshyeffective aid workers in Sudan

shy In Khartoum there are many nice Land Rover with fine white men withdrivers running around They do nothing but cost any amount

However reports are clear and they are wellshyfounded in hiscriticism against you

shy No they are not Theyve never been down there They are detailedbut ignorant Interviews yes Not to be mean but if you tell a man that ifyou do an interview and say this so you get lots of money

The reports are still very smart and sharp in his accusations againstyou What are you saying

shy They are completely ignorant It is appalling that there is so muchignorance of it all huh No humans have been down in the Sudan forone year and walked around

Press chief Robert Eriksson sitting nearby interrupts to say that IanLundins response to how you look at Sudan also applies to the brother

How will it affect you if there is a prosecution

shy I have not done anything wrong so it will not affect at all Just that its alittle dicey That there is a Swedish prosecutor who hunt around and saythat we are war criminals he says and lets out a boisterous laugh

shy I am quite surprised that you can actually run around for five years andnot come up with anything It is pretty tough for people who are accusedReversed discrimination kalshyI learn it

Robert Eriksson mitigates the statement says Lukas Lundin feelingfrustrated because it takes a long time Any concern for conviction arenot

shy We have not done anything so what should I be worried says LukasLundin

Robert Eriksson tries again saying the investigation might lead to a morethorough investigation but that on their part are convinced to havedone everything correctly

shy I am more than convinced For I have not even done anything wrongsays Lukas Lundin

Why are you up for an interview now

shy When you have received so much negative press then you have to setit up and talk about it and say that you are so mean ha ha But I thinkyou have to be careful Some people have already decided it does notmatter what you say

shy Interviews are a little dangerous Sitting and talking and so you onlytake out this little thing which is totally wrong I think you have to becareful if you just take out some small sentences of the interview as itmay sound completely wrong It happens politicians throughout

Ian Lundin protruding into the head of Lukas Lundins office he isreversed to the cycling clothes

shy Shall we go in ten minutes

shy  Yes sir answers Lukas Lundin

Lundin Mining made for a number of years ago an investment inSunridge Gold engaged in mining projects in Eritrea They bought sharesof several million resulting in about 20 percent of the company FirstLukas Lundin denies that it has any ownership in the country which areunder EU sanctions since in 2009

shy That we no longer have We sold this project he says but are unsureof the time

shy It must have been 2010 We have nothing left there

But the sale were not disclosed and the two Directors of Lundin Miningsmanagement team are directors of Sunridge Gold Lukas Lundin wonder

216 44 0 7

if mine in fact is Chile since he claims that it must be old information inthe end he sets himself a question

shy What do Sunridge

shy We have nothing to do with it Can we check it he says withaddressing the press officer Robert Eriksson

shy Theres a lot happening in Canada as they are not interested inhimself There are a lot of these kinds of smallshycap companies that arenot worth anything or type 5shy10 million dollars These are so smallThere are 1000 small caps in Canada I know what youre asking but Ido not know why they are there Maybe because we owned the shares atone time I think it is historic I can check it

Then he says that Eritrea is not a country he wants to invest in

shy Paul (Conibear CEO of Lundin Mining editors note) think it is a Gansshyka complicated country For us of Lundin Mining I do not think it is sogood politically

Later information on the ownership looks Lundin Mining owns apercentage of Sunridge but argues that there is tangible property Itconfirms that two directors of Lundin Mining sits on the Board

In Geneva replacing Lukas Lundin on the bike clothes

Next to the reception is the captain driver He pumps the tires of thebrothers bicycles and refill their water bottles Soon they are in the way

The bikes around in circles in front of the famous Flower Clock in thecenter of Geneva Tourists stand next door and taking photographsThen it turns out that they will meet their companion for the rideelsewhere The brothers goes on up the Rue des Alpes at a slow paceSpinner waiting at the red light Switches on the green

In the twilight bicycles brothers side by side up the hill behind which thesun sets

Images of text Eva Tedesjouml

Emanuel Sidea

Share with your friends

OTHERS ARE READING

Family suspected of being locked in and raped the teenager

Nearly 200 dead shy now the accident silenced

Dangerous escape route via the Port of Gothenburg

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More from the front

not disturb people in the area

shy It is clear that when the road was in place it became a vital link thateveryone used All used that way When the war got worse there weremany who used the road to escape For Rubkona and Bentiu wherethere was relief organizations Many moves yet on when it is the rainyseason Then they move all their cows and everything to dry areasWhen dry they go back to the rich grass

shy So its much coming and going It is clear that with the war and all therelief organizations in Bentiu it was even more so

Bengt G Nilsson who was interrogated on two occasions by MagnusElving and his investigators at the International Public ProsecutionOffice testified that he saw a helicopter gunship associated regimeparked at Lundin Oils base camp Rebel group SPLA fought in the areaagainst the regimes military which gave Lundin Oil patronage

How do you explain that combat helicopters were parked at your basecamp in Rubkona

shy When I was there there was a helicopter there said Ian Lundin I neversaw a helicopter that was out on a mission

shy The war when it really started to get going with SPLA It wascomplicated a bit like the Middle East today

Ian Lundin becomes quiet Then he says

shy When we began to work there so SPLA far away from our area Theybegan to approach our area two or three years after we had alreadybeen there Then it became very military activity around the refugees

Ian Lundin believes that the rebel group SPLA approached to the peaceagreement collapsed

shy A guy called Dr Reek Machar was the head of the ethnic group nuernahe went over from the other side of the SPLA Then he decided that oilinstallations would be military targets

Your presence influenced the conflict just as you said the SPLAadvanced against your base to the watched you as military targets

shy In the beginning when we started working there we had a fewincidents a helicopter was shot at It was very tribal battles around Butthey said we were not a goal youre not a target this is a tribal affair

shy But when Reek Machar went over to the SPLA shy years 2000shy2001 shywhen we became military target When we suspended operations saidthat we can not work here until a peace agreement is reachedSuspended in 2001 and did nothing more until 2005 when theComprehensive Peace Agreement was inscribed

The journalist Bengt G Nilsson who for decades followed thedevelopment in East Africa in his book The oil price from 2014responded to Lundin not hired better advisors and experts to the region

Ian Lundin believes that todays conflict in South Sudan is linked to theprevious ones

shy What you see today in South Sudan is what we saw its very tribal Inthe end you start to fight with each other

shy I can say that there is no one who says Im a specialist It is today inthe Middle East there is no one who can say that they really understandwhat is happening Its the same as when we were there

Why have not hired counselors who can assess the conflicts better

shy Is there anyone who can says Ian Lundin laughing

shy Do you think the US government has good understanding of theconflict Look at what happened when they removed Saddam and whenthey took away Gaddafi None had understood what would happenafterwards It is clear that conflicts are complicated that is why they areconflicts

Ian Lundin maintains the line that they have had in many years theywere not a pawn in the game and Lundin Oil fueled not in conflict

shy I could say it was the other way around says Ian Lundin Theres beencivil war there for 50 years shy yes since independence When oil became

a part of the image they had to sit down and reach a peace agreementSince 2005 written a Comprehensive Peace Agreement and the 2010South Sudan became independent

Most experts would say that the fighting was all about who would havethe power over the oilshyrich areas

shy The Civil War began before anyone had pierced

However the intensity increased by your presence

shy You could say that and then there was peace

shy You can also ask the question Had there been a peace agreement ifthere had not been any oil They would have fought even today Nowthey fight in Southern Sudan instead

You just said that the SPLA came closer to you shy that you had a part inthe war became more intense

shy I do not think so What I noticed when we were there shy it was tribalwarfare SPLA had a real propaganda machine and they used oil

Ian Lundin believes that the SPLA engaged in propaganda against aidorganizations and soshycalled nonshygovernmental organizations (NGOs) tobenefit their political ambitions

shy They fed all NGOs with genocide with people dispossession andclearing the oil fields All of that came from the SPLA they used it aspropaganda For me when looking at the locals we were the best thatcould have happened to them We built roads we built schools We hired

You were a pawn in the game shy it was not the best thing that could havehappened to the locals Clans were pitted against each other when theyunderstood that here was something that foreigners wanted

shy But the conflict today is the same players as then

Yes but then it was oil

shy The oil became a part of the whole picture The oil had affected thewhole political picture it was as I said the SPLA which carried out thepropaganda Since it became a reason for trying to find peace

Now cancels press secretary Robert Eriksson and points out that there isan ongoing criminal investigation to be more detailed than this callshould not be

How has the investigation affected you

shy We have looked in detail what happened when we were there Wevebeen through everything That if people dispossession of the roads sakeor genocide shy it did not happen says Ian Lundin

What do you think about the preliminary investigation lasted five years

shy Its a very serious thing In a way it is good that we finally get a chanceto say what really happened Im just waiting for me to speak with themabout it

Are you stressed that you possibly suspect

shy Stressed or stressed it is clear that you take it seriously but I do notfeel that I somehow done something wrong

What will happen if a charge is brought against you

shy Well see if it happens when it happens

Will you be leaving Lundin Petroleum

Ian Lundin laughs and then says

shy I can not answer that

Press chief Robert Eriksson next sufflerar

shy The best answer is that you are completely convinced himself

shy Yes Im convinced said Ian Lundin who did not finish the sentence

That there is strong evidence in the preliminary investigation evidenced

by that last autumn appointed a courtroom clerk This means that thevictim has been identified the victim who is now represented by a lawyerGoumlran Hjalmarsson According to Magnus Elving he represents morethan just one person

According to an informant also a former Lundin director at a key positionquestioned by Magnus Elving The main suspects have not been heardit is expected to occur in the commissions final stage

The prosecutor would not comment on this but stated that a largenumber of people shy upwards of a hundred shy have been interrogated

Magnus Elving which also would make the decision whether toprosecute states that such a decision is likely in 2016

shy As I said I look forward to the day when I can sit in front of him saysIan Lundin

In the meantime the Lundin family hired public relations firm Kreab toimprove his image It has meant among other things have organizedmeetings and dinners at the auction firm Bukowskis with businessleaders business representatives politicians and other invited guestsThe aim is to change the negative image of the Lundin family

shy We feel a bit misunderstood little misunderstood It is clear that wewant to be perceived correctly I think that all companies want he says

Even if it is a minimal share of the corporate groups total business it isnonetheless a fact that the Lundin Group still has companies active inconflict zones in Puntland in Somalia and in Ethiopia

Why do you need to operate in conflict zones

shy It goes back to philosophy there are pesky countries in the world withmuch suffering What is the best way to help the countries it is to isolatethem turn back and pull away and let them kill themselves and let theeconomy collapse Or to go in get involved and try to do somethingpositive

Even if it means that you must collaborate with a dictator

shy Exactly It means that one must be prepared to work with variousgovernments

Lundin Petroleum will soon be the second largest oil producer in NorwayWhy can not you be content with Norway

Ian Lundin laughs at the question

shy It would have been the easiest But thats not our style Our style is tobe international and to have no isolation but to provide the opportunityfor our shareholders to be involved in different parts of the world It isclear shareholders are free to decide whether they want to or not

A quick glance at the clock Ian Lundin has a lunch booked in town at 13Gets up goes towards the car

On the terrace belonging to the tavern Perron is already Lukas LundinAshley Heppenstall President of Lundin Petroleum and has workedclosely with the family since the 1990s They sit with a beer in the shadeof a tree Small leaves Singles bottom of the jackets

Ian Lundin sits down sees his brothers halfshyfull glass of beer and orderquickly own

shy Hm what I did this morning thinking Lukas Lundin Someone emailedand wanted to sell a cement plant in India

Since a breath before the punch line

shy Not sure if I wanted to buy

The gang laughs Ashley Heppenstall is a Briton in his 50s Hardly anywrinkles in the forehead small dainty hands and wide in general Heleads the company worth over 40 billion shy crown of Lundin empire LukasLundin has said that the value of the company within two or three yearswill be a few times larger thanks to the large oil discoveries in NorwayThe pressure on the CEO is barely noticeable Perhaps because of thecontroversial operations in Africa was in another Lundin Company AfricaOil Now it is Norway that applies to Lundin Petroleum

Ashley Heppenstall trying to figure out how many lunches they have

eaten here on Adolf Lundin ordinary restaurant where a number of largedeals learning has been made

shy Lets see its 60 times a year It is in any case more than once a weeksays Heppenstall

He takes a sip of beer Luke agrees calculation

shy Okay say Heppenstall Conservatively 50 50 20 years what will itbe Uh yeah 1 000 Oops 1000 lunches here It would have beencheaper to buy instead

Laughter again

Ashley Heppstall says that he at no time asked the board member CarlBildt why he agreed to take the place of Lundin Oil

shy He said that Lundin was the largest oil company in Sweden and thatnearly all geopolitical issues affected by raw materials He seemed tothink it was intellectually interesting to sit on the Board said Heppenstall

An hour earlier Ian Lundin laughed at the question of Carl Bildt askedagain

shy Getting back to the board No we have not asked He was on theboard then it was in a way important to us He did very good things andwas needed at the time

Now take a waitress up Lukas Lundin order a bottle of white wine Thetrio ordering the mixed salad for an appetizer Brothers selects bass withrice for the main course Heppenstall steak tartare

Lukas Lundin asks his brother if he is done with his part of the interviewwith DN

shy Yes Thank God its over he replies with a smile and empty beer glass

Then he turns around points in the direction down the street next door

shy Do you remember that place over there When it was really tough dadwent there where you had to fondue and wine for three francs

Heppenstall

shy I remember once when we were on an investor trip to Libya with Adolfthere was a dinner so he stood up and said I have to make astatement this is a remarkable evening for the first time in 24 years I eatdinner without wine

The trio laugh at the memory of Adolf H Lundin It is followed by morestories more memories and more wine Directors have a nice day in theshade of a tree

When the waitress brings the bill signed by the Ian Lundin Theespresso is empty and all go the short distance to the office Which hasonly Lukas Lundin an individual meeting with Heppenstall then IanLundin same

Lukas Lundin sitting in the office chair in his study Unlike brotherwhich has a PC yet computer desktop

He has a bit of paper in front of him and a phone that goes in one LukasLundin is the restless extrovert brother According to people close to thefamily he is the brothers who are most like his father Adventurous anddriven to do business Mergers investments or divestments does notmatter shy as long as there are transactions

shy I like to build things to have things consistently to make new businessfinding oil fields and building mines Its pretty fun says Lukas Lundin

The move from Vancouver marked a shift for the family sphere thatbusiness is more concentrated on this part of the world Lukas Lundinmeant to go from 450 flight hours to 300 a year With its own privatjetenEach flight hour teaches cost 100 000 SEK Planet pays for thebillionaire himself

Recently it became known that his new 83shymeter yacht shy the worldslargest hybrid yacht and the worlds 75th largest boat shy was inauguratedin 1000 partygoers As many had been involved in the constructionWithin the immediate circle expressed Lukas Lundin concerns about howit was perceived in Sweden but were reassured that even the paymentof their own money and not something Lundin Company

The former apartment in Vancouver covering one floor of a skyscraperThat he has sold shy you have to finish it to not go back all the time Therehe had a gold bar in the living room the first to be broken at a goldproject That he has taken with him to the new residence a large housenext to Lake Geneva

Empty nesters and he has been divorced for many years He says helives alone

You have no girlfriend

shy Well little girlfriends Maybe a few too many he says with a laughstating that he had already been married once

shy It may suffice

Lukas Lundin visiting Stockholm for meetings every month But a moveto Sweden think he is not up to date not even in the future

Is it because you would not fit in Sweden with your lifestyle private jetsyachts and several girlfriends

shy Yes it probably would perhaps stand out a bit ha ha

It is a comfort to have a great fortune

shy Of course it gives security but then how much do you need

shy It depends on how much you should have answers his own questionwith a laugh You do not need so much Ingvar Kamprad said surely onemillion and five hundred thousand It depends on the character

If you should have private jets or not

shy Yes exactly

It is galling to many you have earned so much money over the years

shy Its been good but its been pretty hard the last two three years Allother markets have gone up and the commodities market has stood stillBut it goes in cycles

Last weeks tour of the Middle East have convinced him of the newbusiness despite the Lundin Group has had an eventful autumn behindFor two months several major transactions the purchase of new copperand gold assets Additionally the refinancing of existing companies Thefamily invested about two billion

shy When you are an entrepreneur do you always investments The onesitting on cash is not an entrepreneur he says

The next year he believes in investing in Egypt a couple of differentprojects he has already called

shy Thats right interesting times to look there people are a little worriedabout oil prices and all are somewhat fearful of Egypt as I think seemsto work quite well

There is information that the IS is in Egypt

shy IS is not in Egypt They are well in Libya and Iraq the most

No matter how you look at it there jihadists in Egypt

shy Yes there are some problems in northern Sinai says Lukas Lundin

shy I do not think that the IS is so dangerous One can make goodagreements with the government And it has been a stable country forlong

Neither he nor his brother seems to care about the persistent and longshystanding criticism It confounds not new business

Lukas Lundin points out that the oil industry generally receive muchcriticism stating that the criticism of the shops in the Sudan mainly comefrom NGOs He hints at something of a conspiracy

shy It is quite interesting to Sweden has such a law called one would haveknown There are two million white people in the NGO business life thatlives by running around some do well and some do quite a lot of painSweden is a pretty good place to test if any company can say that onewould have known

shy Many reports written about it and some Swedish prosecutors brought itup because we get so much criticism If they could get it that we shouldhave known when it will open up a huge door for all these guys

Lukas Lundin has personally seen how inshyeffective aid workers in Sudan

shy In Khartoum there are many nice Land Rover with fine white men withdrivers running around They do nothing but cost any amount

However reports are clear and they are wellshyfounded in hiscriticism against you

shy No they are not Theyve never been down there They are detailedbut ignorant Interviews yes Not to be mean but if you tell a man that ifyou do an interview and say this so you get lots of money

The reports are still very smart and sharp in his accusations againstyou What are you saying

shy They are completely ignorant It is appalling that there is so muchignorance of it all huh No humans have been down in the Sudan forone year and walked around

Press chief Robert Eriksson sitting nearby interrupts to say that IanLundins response to how you look at Sudan also applies to the brother

How will it affect you if there is a prosecution

shy I have not done anything wrong so it will not affect at all Just that its alittle dicey That there is a Swedish prosecutor who hunt around and saythat we are war criminals he says and lets out a boisterous laugh

shy I am quite surprised that you can actually run around for five years andnot come up with anything It is pretty tough for people who are accusedReversed discrimination kalshyI learn it

Robert Eriksson mitigates the statement says Lukas Lundin feelingfrustrated because it takes a long time Any concern for conviction arenot

shy We have not done anything so what should I be worried says LukasLundin

Robert Eriksson tries again saying the investigation might lead to a morethorough investigation but that on their part are convinced to havedone everything correctly

shy I am more than convinced For I have not even done anything wrongsays Lukas Lundin

Why are you up for an interview now

shy When you have received so much negative press then you have to setit up and talk about it and say that you are so mean ha ha But I thinkyou have to be careful Some people have already decided it does notmatter what you say

shy Interviews are a little dangerous Sitting and talking and so you onlytake out this little thing which is totally wrong I think you have to becareful if you just take out some small sentences of the interview as itmay sound completely wrong It happens politicians throughout

Ian Lundin protruding into the head of Lukas Lundins office he isreversed to the cycling clothes

shy Shall we go in ten minutes

shy  Yes sir answers Lukas Lundin

Lundin Mining made for a number of years ago an investment inSunridge Gold engaged in mining projects in Eritrea They bought sharesof several million resulting in about 20 percent of the company FirstLukas Lundin denies that it has any ownership in the country which areunder EU sanctions since in 2009

shy That we no longer have We sold this project he says but are unsureof the time

shy It must have been 2010 We have nothing left there

But the sale were not disclosed and the two Directors of Lundin Miningsmanagement team are directors of Sunridge Gold Lukas Lundin wonder

216 44 0 7

if mine in fact is Chile since he claims that it must be old information inthe end he sets himself a question

shy What do Sunridge

shy We have nothing to do with it Can we check it he says withaddressing the press officer Robert Eriksson

shy Theres a lot happening in Canada as they are not interested inhimself There are a lot of these kinds of smallshycap companies that arenot worth anything or type 5shy10 million dollars These are so smallThere are 1000 small caps in Canada I know what youre asking but Ido not know why they are there Maybe because we owned the shares atone time I think it is historic I can check it

Then he says that Eritrea is not a country he wants to invest in

shy Paul (Conibear CEO of Lundin Mining editors note) think it is a Gansshyka complicated country For us of Lundin Mining I do not think it is sogood politically

Later information on the ownership looks Lundin Mining owns apercentage of Sunridge but argues that there is tangible property Itconfirms that two directors of Lundin Mining sits on the Board

In Geneva replacing Lukas Lundin on the bike clothes

Next to the reception is the captain driver He pumps the tires of thebrothers bicycles and refill their water bottles Soon they are in the way

The bikes around in circles in front of the famous Flower Clock in thecenter of Geneva Tourists stand next door and taking photographsThen it turns out that they will meet their companion for the rideelsewhere The brothers goes on up the Rue des Alpes at a slow paceSpinner waiting at the red light Switches on the green

In the twilight bicycles brothers side by side up the hill behind which thesun sets

Images of text Eva Tedesjouml

Emanuel Sidea

Share with your friends

OTHERS ARE READING

Family suspected of being locked in and raped the teenager

Nearly 200 dead shy now the accident silenced

Dangerous escape route via the Port of Gothenburg

Baumlsta raumlnta banksparandeSkaffa den baumlsta raumlntan paring banksparande med denna gratis jaumlmfoumlrelsefinansportalensesparkonto

100 Free Spins100 Free Spins och vaumllkomstbonus paring 2000 kronorExtraspelcom

Prisvaumlrda garageportarSveriges bredaste utbud och gratis hembesoumlk Kontakta oss idagGarageportexpertense

ANNONS

BOKA ANNONS HAumlR raquo

More from the front

a part of the image they had to sit down and reach a peace agreementSince 2005 written a Comprehensive Peace Agreement and the 2010South Sudan became independent

Most experts would say that the fighting was all about who would havethe power over the oilshyrich areas

shy The Civil War began before anyone had pierced

However the intensity increased by your presence

shy You could say that and then there was peace

shy You can also ask the question Had there been a peace agreement ifthere had not been any oil They would have fought even today Nowthey fight in Southern Sudan instead

You just said that the SPLA came closer to you shy that you had a part inthe war became more intense

shy I do not think so What I noticed when we were there shy it was tribalwarfare SPLA had a real propaganda machine and they used oil

Ian Lundin believes that the SPLA engaged in propaganda against aidorganizations and soshycalled nonshygovernmental organizations (NGOs) tobenefit their political ambitions

shy They fed all NGOs with genocide with people dispossession andclearing the oil fields All of that came from the SPLA they used it aspropaganda For me when looking at the locals we were the best thatcould have happened to them We built roads we built schools We hired

You were a pawn in the game shy it was not the best thing that could havehappened to the locals Clans were pitted against each other when theyunderstood that here was something that foreigners wanted

shy But the conflict today is the same players as then

Yes but then it was oil

shy The oil became a part of the whole picture The oil had affected thewhole political picture it was as I said the SPLA which carried out thepropaganda Since it became a reason for trying to find peace

Now cancels press secretary Robert Eriksson and points out that there isan ongoing criminal investigation to be more detailed than this callshould not be

How has the investigation affected you

shy We have looked in detail what happened when we were there Wevebeen through everything That if people dispossession of the roads sakeor genocide shy it did not happen says Ian Lundin

What do you think about the preliminary investigation lasted five years

shy Its a very serious thing In a way it is good that we finally get a chanceto say what really happened Im just waiting for me to speak with themabout it

Are you stressed that you possibly suspect

shy Stressed or stressed it is clear that you take it seriously but I do notfeel that I somehow done something wrong

What will happen if a charge is brought against you

shy Well see if it happens when it happens

Will you be leaving Lundin Petroleum

Ian Lundin laughs and then says

shy I can not answer that

Press chief Robert Eriksson next sufflerar

shy The best answer is that you are completely convinced himself

shy Yes Im convinced said Ian Lundin who did not finish the sentence

That there is strong evidence in the preliminary investigation evidenced

by that last autumn appointed a courtroom clerk This means that thevictim has been identified the victim who is now represented by a lawyerGoumlran Hjalmarsson According to Magnus Elving he represents morethan just one person

According to an informant also a former Lundin director at a key positionquestioned by Magnus Elving The main suspects have not been heardit is expected to occur in the commissions final stage

The prosecutor would not comment on this but stated that a largenumber of people shy upwards of a hundred shy have been interrogated

Magnus Elving which also would make the decision whether toprosecute states that such a decision is likely in 2016

shy As I said I look forward to the day when I can sit in front of him saysIan Lundin

In the meantime the Lundin family hired public relations firm Kreab toimprove his image It has meant among other things have organizedmeetings and dinners at the auction firm Bukowskis with businessleaders business representatives politicians and other invited guestsThe aim is to change the negative image of the Lundin family

shy We feel a bit misunderstood little misunderstood It is clear that wewant to be perceived correctly I think that all companies want he says

Even if it is a minimal share of the corporate groups total business it isnonetheless a fact that the Lundin Group still has companies active inconflict zones in Puntland in Somalia and in Ethiopia

Why do you need to operate in conflict zones

shy It goes back to philosophy there are pesky countries in the world withmuch suffering What is the best way to help the countries it is to isolatethem turn back and pull away and let them kill themselves and let theeconomy collapse Or to go in get involved and try to do somethingpositive

Even if it means that you must collaborate with a dictator

shy Exactly It means that one must be prepared to work with variousgovernments

Lundin Petroleum will soon be the second largest oil producer in NorwayWhy can not you be content with Norway

Ian Lundin laughs at the question

shy It would have been the easiest But thats not our style Our style is tobe international and to have no isolation but to provide the opportunityfor our shareholders to be involved in different parts of the world It isclear shareholders are free to decide whether they want to or not

A quick glance at the clock Ian Lundin has a lunch booked in town at 13Gets up goes towards the car

On the terrace belonging to the tavern Perron is already Lukas LundinAshley Heppenstall President of Lundin Petroleum and has workedclosely with the family since the 1990s They sit with a beer in the shadeof a tree Small leaves Singles bottom of the jackets

Ian Lundin sits down sees his brothers halfshyfull glass of beer and orderquickly own

shy Hm what I did this morning thinking Lukas Lundin Someone emailedand wanted to sell a cement plant in India

Since a breath before the punch line

shy Not sure if I wanted to buy

The gang laughs Ashley Heppenstall is a Briton in his 50s Hardly anywrinkles in the forehead small dainty hands and wide in general Heleads the company worth over 40 billion shy crown of Lundin empire LukasLundin has said that the value of the company within two or three yearswill be a few times larger thanks to the large oil discoveries in NorwayThe pressure on the CEO is barely noticeable Perhaps because of thecontroversial operations in Africa was in another Lundin Company AfricaOil Now it is Norway that applies to Lundin Petroleum

Ashley Heppenstall trying to figure out how many lunches they have

eaten here on Adolf Lundin ordinary restaurant where a number of largedeals learning has been made

shy Lets see its 60 times a year It is in any case more than once a weeksays Heppenstall

He takes a sip of beer Luke agrees calculation

shy Okay say Heppenstall Conservatively 50 50 20 years what will itbe Uh yeah 1 000 Oops 1000 lunches here It would have beencheaper to buy instead

Laughter again

Ashley Heppstall says that he at no time asked the board member CarlBildt why he agreed to take the place of Lundin Oil

shy He said that Lundin was the largest oil company in Sweden and thatnearly all geopolitical issues affected by raw materials He seemed tothink it was intellectually interesting to sit on the Board said Heppenstall

An hour earlier Ian Lundin laughed at the question of Carl Bildt askedagain

shy Getting back to the board No we have not asked He was on theboard then it was in a way important to us He did very good things andwas needed at the time

Now take a waitress up Lukas Lundin order a bottle of white wine Thetrio ordering the mixed salad for an appetizer Brothers selects bass withrice for the main course Heppenstall steak tartare

Lukas Lundin asks his brother if he is done with his part of the interviewwith DN

shy Yes Thank God its over he replies with a smile and empty beer glass

Then he turns around points in the direction down the street next door

shy Do you remember that place over there When it was really tough dadwent there where you had to fondue and wine for three francs

Heppenstall

shy I remember once when we were on an investor trip to Libya with Adolfthere was a dinner so he stood up and said I have to make astatement this is a remarkable evening for the first time in 24 years I eatdinner without wine

The trio laugh at the memory of Adolf H Lundin It is followed by morestories more memories and more wine Directors have a nice day in theshade of a tree

When the waitress brings the bill signed by the Ian Lundin Theespresso is empty and all go the short distance to the office Which hasonly Lukas Lundin an individual meeting with Heppenstall then IanLundin same

Lukas Lundin sitting in the office chair in his study Unlike brotherwhich has a PC yet computer desktop

He has a bit of paper in front of him and a phone that goes in one LukasLundin is the restless extrovert brother According to people close to thefamily he is the brothers who are most like his father Adventurous anddriven to do business Mergers investments or divestments does notmatter shy as long as there are transactions

shy I like to build things to have things consistently to make new businessfinding oil fields and building mines Its pretty fun says Lukas Lundin

The move from Vancouver marked a shift for the family sphere thatbusiness is more concentrated on this part of the world Lukas Lundinmeant to go from 450 flight hours to 300 a year With its own privatjetenEach flight hour teaches cost 100 000 SEK Planet pays for thebillionaire himself

Recently it became known that his new 83shymeter yacht shy the worldslargest hybrid yacht and the worlds 75th largest boat shy was inauguratedin 1000 partygoers As many had been involved in the constructionWithin the immediate circle expressed Lukas Lundin concerns about howit was perceived in Sweden but were reassured that even the paymentof their own money and not something Lundin Company

The former apartment in Vancouver covering one floor of a skyscraperThat he has sold shy you have to finish it to not go back all the time Therehe had a gold bar in the living room the first to be broken at a goldproject That he has taken with him to the new residence a large housenext to Lake Geneva

Empty nesters and he has been divorced for many years He says helives alone

You have no girlfriend

shy Well little girlfriends Maybe a few too many he says with a laughstating that he had already been married once

shy It may suffice

Lukas Lundin visiting Stockholm for meetings every month But a moveto Sweden think he is not up to date not even in the future

Is it because you would not fit in Sweden with your lifestyle private jetsyachts and several girlfriends

shy Yes it probably would perhaps stand out a bit ha ha

It is a comfort to have a great fortune

shy Of course it gives security but then how much do you need

shy It depends on how much you should have answers his own questionwith a laugh You do not need so much Ingvar Kamprad said surely onemillion and five hundred thousand It depends on the character

If you should have private jets or not

shy Yes exactly

It is galling to many you have earned so much money over the years

shy Its been good but its been pretty hard the last two three years Allother markets have gone up and the commodities market has stood stillBut it goes in cycles

Last weeks tour of the Middle East have convinced him of the newbusiness despite the Lundin Group has had an eventful autumn behindFor two months several major transactions the purchase of new copperand gold assets Additionally the refinancing of existing companies Thefamily invested about two billion

shy When you are an entrepreneur do you always investments The onesitting on cash is not an entrepreneur he says

The next year he believes in investing in Egypt a couple of differentprojects he has already called

shy Thats right interesting times to look there people are a little worriedabout oil prices and all are somewhat fearful of Egypt as I think seemsto work quite well

There is information that the IS is in Egypt

shy IS is not in Egypt They are well in Libya and Iraq the most

No matter how you look at it there jihadists in Egypt

shy Yes there are some problems in northern Sinai says Lukas Lundin

shy I do not think that the IS is so dangerous One can make goodagreements with the government And it has been a stable country forlong

Neither he nor his brother seems to care about the persistent and longshystanding criticism It confounds not new business

Lukas Lundin points out that the oil industry generally receive muchcriticism stating that the criticism of the shops in the Sudan mainly comefrom NGOs He hints at something of a conspiracy

shy It is quite interesting to Sweden has such a law called one would haveknown There are two million white people in the NGO business life thatlives by running around some do well and some do quite a lot of painSweden is a pretty good place to test if any company can say that onewould have known

shy Many reports written about it and some Swedish prosecutors brought itup because we get so much criticism If they could get it that we shouldhave known when it will open up a huge door for all these guys

Lukas Lundin has personally seen how inshyeffective aid workers in Sudan

shy In Khartoum there are many nice Land Rover with fine white men withdrivers running around They do nothing but cost any amount

However reports are clear and they are wellshyfounded in hiscriticism against you

shy No they are not Theyve never been down there They are detailedbut ignorant Interviews yes Not to be mean but if you tell a man that ifyou do an interview and say this so you get lots of money

The reports are still very smart and sharp in his accusations againstyou What are you saying

shy They are completely ignorant It is appalling that there is so muchignorance of it all huh No humans have been down in the Sudan forone year and walked around

Press chief Robert Eriksson sitting nearby interrupts to say that IanLundins response to how you look at Sudan also applies to the brother

How will it affect you if there is a prosecution

shy I have not done anything wrong so it will not affect at all Just that its alittle dicey That there is a Swedish prosecutor who hunt around and saythat we are war criminals he says and lets out a boisterous laugh

shy I am quite surprised that you can actually run around for five years andnot come up with anything It is pretty tough for people who are accusedReversed discrimination kalshyI learn it

Robert Eriksson mitigates the statement says Lukas Lundin feelingfrustrated because it takes a long time Any concern for conviction arenot

shy We have not done anything so what should I be worried says LukasLundin

Robert Eriksson tries again saying the investigation might lead to a morethorough investigation but that on their part are convinced to havedone everything correctly

shy I am more than convinced For I have not even done anything wrongsays Lukas Lundin

Why are you up for an interview now

shy When you have received so much negative press then you have to setit up and talk about it and say that you are so mean ha ha But I thinkyou have to be careful Some people have already decided it does notmatter what you say

shy Interviews are a little dangerous Sitting and talking and so you onlytake out this little thing which is totally wrong I think you have to becareful if you just take out some small sentences of the interview as itmay sound completely wrong It happens politicians throughout

Ian Lundin protruding into the head of Lukas Lundins office he isreversed to the cycling clothes

shy Shall we go in ten minutes

shy  Yes sir answers Lukas Lundin

Lundin Mining made for a number of years ago an investment inSunridge Gold engaged in mining projects in Eritrea They bought sharesof several million resulting in about 20 percent of the company FirstLukas Lundin denies that it has any ownership in the country which areunder EU sanctions since in 2009

shy That we no longer have We sold this project he says but are unsureof the time

shy It must have been 2010 We have nothing left there

But the sale were not disclosed and the two Directors of Lundin Miningsmanagement team are directors of Sunridge Gold Lukas Lundin wonder

216 44 0 7

if mine in fact is Chile since he claims that it must be old information inthe end he sets himself a question

shy What do Sunridge

shy We have nothing to do with it Can we check it he says withaddressing the press officer Robert Eriksson

shy Theres a lot happening in Canada as they are not interested inhimself There are a lot of these kinds of smallshycap companies that arenot worth anything or type 5shy10 million dollars These are so smallThere are 1000 small caps in Canada I know what youre asking but Ido not know why they are there Maybe because we owned the shares atone time I think it is historic I can check it

Then he says that Eritrea is not a country he wants to invest in

shy Paul (Conibear CEO of Lundin Mining editors note) think it is a Gansshyka complicated country For us of Lundin Mining I do not think it is sogood politically

Later information on the ownership looks Lundin Mining owns apercentage of Sunridge but argues that there is tangible property Itconfirms that two directors of Lundin Mining sits on the Board

In Geneva replacing Lukas Lundin on the bike clothes

Next to the reception is the captain driver He pumps the tires of thebrothers bicycles and refill their water bottles Soon they are in the way

The bikes around in circles in front of the famous Flower Clock in thecenter of Geneva Tourists stand next door and taking photographsThen it turns out that they will meet their companion for the rideelsewhere The brothers goes on up the Rue des Alpes at a slow paceSpinner waiting at the red light Switches on the green

In the twilight bicycles brothers side by side up the hill behind which thesun sets

Images of text Eva Tedesjouml

Emanuel Sidea

Share with your friends

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Family suspected of being locked in and raped the teenager

Nearly 200 dead shy now the accident silenced

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by that last autumn appointed a courtroom clerk This means that thevictim has been identified the victim who is now represented by a lawyerGoumlran Hjalmarsson According to Magnus Elving he represents morethan just one person

According to an informant also a former Lundin director at a key positionquestioned by Magnus Elving The main suspects have not been heardit is expected to occur in the commissions final stage

The prosecutor would not comment on this but stated that a largenumber of people shy upwards of a hundred shy have been interrogated

Magnus Elving which also would make the decision whether toprosecute states that such a decision is likely in 2016

shy As I said I look forward to the day when I can sit in front of him saysIan Lundin

In the meantime the Lundin family hired public relations firm Kreab toimprove his image It has meant among other things have organizedmeetings and dinners at the auction firm Bukowskis with businessleaders business representatives politicians and other invited guestsThe aim is to change the negative image of the Lundin family

shy We feel a bit misunderstood little misunderstood It is clear that wewant to be perceived correctly I think that all companies want he says

Even if it is a minimal share of the corporate groups total business it isnonetheless a fact that the Lundin Group still has companies active inconflict zones in Puntland in Somalia and in Ethiopia

Why do you need to operate in conflict zones

shy It goes back to philosophy there are pesky countries in the world withmuch suffering What is the best way to help the countries it is to isolatethem turn back and pull away and let them kill themselves and let theeconomy collapse Or to go in get involved and try to do somethingpositive

Even if it means that you must collaborate with a dictator

shy Exactly It means that one must be prepared to work with variousgovernments

Lundin Petroleum will soon be the second largest oil producer in NorwayWhy can not you be content with Norway

Ian Lundin laughs at the question

shy It would have been the easiest But thats not our style Our style is tobe international and to have no isolation but to provide the opportunityfor our shareholders to be involved in different parts of the world It isclear shareholders are free to decide whether they want to or not

A quick glance at the clock Ian Lundin has a lunch booked in town at 13Gets up goes towards the car

On the terrace belonging to the tavern Perron is already Lukas LundinAshley Heppenstall President of Lundin Petroleum and has workedclosely with the family since the 1990s They sit with a beer in the shadeof a tree Small leaves Singles bottom of the jackets

Ian Lundin sits down sees his brothers halfshyfull glass of beer and orderquickly own

shy Hm what I did this morning thinking Lukas Lundin Someone emailedand wanted to sell a cement plant in India

Since a breath before the punch line

shy Not sure if I wanted to buy

The gang laughs Ashley Heppenstall is a Briton in his 50s Hardly anywrinkles in the forehead small dainty hands and wide in general Heleads the company worth over 40 billion shy crown of Lundin empire LukasLundin has said that the value of the company within two or three yearswill be a few times larger thanks to the large oil discoveries in NorwayThe pressure on the CEO is barely noticeable Perhaps because of thecontroversial operations in Africa was in another Lundin Company AfricaOil Now it is Norway that applies to Lundin Petroleum

Ashley Heppenstall trying to figure out how many lunches they have

eaten here on Adolf Lundin ordinary restaurant where a number of largedeals learning has been made

shy Lets see its 60 times a year It is in any case more than once a weeksays Heppenstall

He takes a sip of beer Luke agrees calculation

shy Okay say Heppenstall Conservatively 50 50 20 years what will itbe Uh yeah 1 000 Oops 1000 lunches here It would have beencheaper to buy instead

Laughter again

Ashley Heppstall says that he at no time asked the board member CarlBildt why he agreed to take the place of Lundin Oil

shy He said that Lundin was the largest oil company in Sweden and thatnearly all geopolitical issues affected by raw materials He seemed tothink it was intellectually interesting to sit on the Board said Heppenstall

An hour earlier Ian Lundin laughed at the question of Carl Bildt askedagain

shy Getting back to the board No we have not asked He was on theboard then it was in a way important to us He did very good things andwas needed at the time

Now take a waitress up Lukas Lundin order a bottle of white wine Thetrio ordering the mixed salad for an appetizer Brothers selects bass withrice for the main course Heppenstall steak tartare

Lukas Lundin asks his brother if he is done with his part of the interviewwith DN

shy Yes Thank God its over he replies with a smile and empty beer glass

Then he turns around points in the direction down the street next door

shy Do you remember that place over there When it was really tough dadwent there where you had to fondue and wine for three francs

Heppenstall

shy I remember once when we were on an investor trip to Libya with Adolfthere was a dinner so he stood up and said I have to make astatement this is a remarkable evening for the first time in 24 years I eatdinner without wine

The trio laugh at the memory of Adolf H Lundin It is followed by morestories more memories and more wine Directors have a nice day in theshade of a tree

When the waitress brings the bill signed by the Ian Lundin Theespresso is empty and all go the short distance to the office Which hasonly Lukas Lundin an individual meeting with Heppenstall then IanLundin same

Lukas Lundin sitting in the office chair in his study Unlike brotherwhich has a PC yet computer desktop

He has a bit of paper in front of him and a phone that goes in one LukasLundin is the restless extrovert brother According to people close to thefamily he is the brothers who are most like his father Adventurous anddriven to do business Mergers investments or divestments does notmatter shy as long as there are transactions

shy I like to build things to have things consistently to make new businessfinding oil fields and building mines Its pretty fun says Lukas Lundin

The move from Vancouver marked a shift for the family sphere thatbusiness is more concentrated on this part of the world Lukas Lundinmeant to go from 450 flight hours to 300 a year With its own privatjetenEach flight hour teaches cost 100 000 SEK Planet pays for thebillionaire himself

Recently it became known that his new 83shymeter yacht shy the worldslargest hybrid yacht and the worlds 75th largest boat shy was inauguratedin 1000 partygoers As many had been involved in the constructionWithin the immediate circle expressed Lukas Lundin concerns about howit was perceived in Sweden but were reassured that even the paymentof their own money and not something Lundin Company

The former apartment in Vancouver covering one floor of a skyscraperThat he has sold shy you have to finish it to not go back all the time Therehe had a gold bar in the living room the first to be broken at a goldproject That he has taken with him to the new residence a large housenext to Lake Geneva

Empty nesters and he has been divorced for many years He says helives alone

You have no girlfriend

shy Well little girlfriends Maybe a few too many he says with a laughstating that he had already been married once

shy It may suffice

Lukas Lundin visiting Stockholm for meetings every month But a moveto Sweden think he is not up to date not even in the future

Is it because you would not fit in Sweden with your lifestyle private jetsyachts and several girlfriends

shy Yes it probably would perhaps stand out a bit ha ha

It is a comfort to have a great fortune

shy Of course it gives security but then how much do you need

shy It depends on how much you should have answers his own questionwith a laugh You do not need so much Ingvar Kamprad said surely onemillion and five hundred thousand It depends on the character

If you should have private jets or not

shy Yes exactly

It is galling to many you have earned so much money over the years

shy Its been good but its been pretty hard the last two three years Allother markets have gone up and the commodities market has stood stillBut it goes in cycles

Last weeks tour of the Middle East have convinced him of the newbusiness despite the Lundin Group has had an eventful autumn behindFor two months several major transactions the purchase of new copperand gold assets Additionally the refinancing of existing companies Thefamily invested about two billion

shy When you are an entrepreneur do you always investments The onesitting on cash is not an entrepreneur he says

The next year he believes in investing in Egypt a couple of differentprojects he has already called

shy Thats right interesting times to look there people are a little worriedabout oil prices and all are somewhat fearful of Egypt as I think seemsto work quite well

There is information that the IS is in Egypt

shy IS is not in Egypt They are well in Libya and Iraq the most

No matter how you look at it there jihadists in Egypt

shy Yes there are some problems in northern Sinai says Lukas Lundin

shy I do not think that the IS is so dangerous One can make goodagreements with the government And it has been a stable country forlong

Neither he nor his brother seems to care about the persistent and longshystanding criticism It confounds not new business

Lukas Lundin points out that the oil industry generally receive muchcriticism stating that the criticism of the shops in the Sudan mainly comefrom NGOs He hints at something of a conspiracy

shy It is quite interesting to Sweden has such a law called one would haveknown There are two million white people in the NGO business life thatlives by running around some do well and some do quite a lot of painSweden is a pretty good place to test if any company can say that onewould have known

shy Many reports written about it and some Swedish prosecutors brought itup because we get so much criticism If they could get it that we shouldhave known when it will open up a huge door for all these guys

Lukas Lundin has personally seen how inshyeffective aid workers in Sudan

shy In Khartoum there are many nice Land Rover with fine white men withdrivers running around They do nothing but cost any amount

However reports are clear and they are wellshyfounded in hiscriticism against you

shy No they are not Theyve never been down there They are detailedbut ignorant Interviews yes Not to be mean but if you tell a man that ifyou do an interview and say this so you get lots of money

The reports are still very smart and sharp in his accusations againstyou What are you saying

shy They are completely ignorant It is appalling that there is so muchignorance of it all huh No humans have been down in the Sudan forone year and walked around

Press chief Robert Eriksson sitting nearby interrupts to say that IanLundins response to how you look at Sudan also applies to the brother

How will it affect you if there is a prosecution

shy I have not done anything wrong so it will not affect at all Just that its alittle dicey That there is a Swedish prosecutor who hunt around and saythat we are war criminals he says and lets out a boisterous laugh

shy I am quite surprised that you can actually run around for five years andnot come up with anything It is pretty tough for people who are accusedReversed discrimination kalshyI learn it

Robert Eriksson mitigates the statement says Lukas Lundin feelingfrustrated because it takes a long time Any concern for conviction arenot

shy We have not done anything so what should I be worried says LukasLundin

Robert Eriksson tries again saying the investigation might lead to a morethorough investigation but that on their part are convinced to havedone everything correctly

shy I am more than convinced For I have not even done anything wrongsays Lukas Lundin

Why are you up for an interview now

shy When you have received so much negative press then you have to setit up and talk about it and say that you are so mean ha ha But I thinkyou have to be careful Some people have already decided it does notmatter what you say

shy Interviews are a little dangerous Sitting and talking and so you onlytake out this little thing which is totally wrong I think you have to becareful if you just take out some small sentences of the interview as itmay sound completely wrong It happens politicians throughout

Ian Lundin protruding into the head of Lukas Lundins office he isreversed to the cycling clothes

shy Shall we go in ten minutes

shy  Yes sir answers Lukas Lundin

Lundin Mining made for a number of years ago an investment inSunridge Gold engaged in mining projects in Eritrea They bought sharesof several million resulting in about 20 percent of the company FirstLukas Lundin denies that it has any ownership in the country which areunder EU sanctions since in 2009

shy That we no longer have We sold this project he says but are unsureof the time

shy It must have been 2010 We have nothing left there

But the sale were not disclosed and the two Directors of Lundin Miningsmanagement team are directors of Sunridge Gold Lukas Lundin wonder

216 44 0 7

if mine in fact is Chile since he claims that it must be old information inthe end he sets himself a question

shy What do Sunridge

shy We have nothing to do with it Can we check it he says withaddressing the press officer Robert Eriksson

shy Theres a lot happening in Canada as they are not interested inhimself There are a lot of these kinds of smallshycap companies that arenot worth anything or type 5shy10 million dollars These are so smallThere are 1000 small caps in Canada I know what youre asking but Ido not know why they are there Maybe because we owned the shares atone time I think it is historic I can check it

Then he says that Eritrea is not a country he wants to invest in

shy Paul (Conibear CEO of Lundin Mining editors note) think it is a Gansshyka complicated country For us of Lundin Mining I do not think it is sogood politically

Later information on the ownership looks Lundin Mining owns apercentage of Sunridge but argues that there is tangible property Itconfirms that two directors of Lundin Mining sits on the Board

In Geneva replacing Lukas Lundin on the bike clothes

Next to the reception is the captain driver He pumps the tires of thebrothers bicycles and refill their water bottles Soon they are in the way

The bikes around in circles in front of the famous Flower Clock in thecenter of Geneva Tourists stand next door and taking photographsThen it turns out that they will meet their companion for the rideelsewhere The brothers goes on up the Rue des Alpes at a slow paceSpinner waiting at the red light Switches on the green

In the twilight bicycles brothers side by side up the hill behind which thesun sets

Images of text Eva Tedesjouml

Emanuel Sidea

Share with your friends

OTHERS ARE READING

Family suspected of being locked in and raped the teenager

Nearly 200 dead shy now the accident silenced

Dangerous escape route via the Port of Gothenburg

Baumlsta raumlnta banksparandeSkaffa den baumlsta raumlntan paring banksparande med denna gratis jaumlmfoumlrelsefinansportalensesparkonto

100 Free Spins100 Free Spins och vaumllkomstbonus paring 2000 kronorExtraspelcom

Prisvaumlrda garageportarSveriges bredaste utbud och gratis hembesoumlk Kontakta oss idagGarageportexpertense

ANNONS

BOKA ANNONS HAumlR raquo

More from the front

eaten here on Adolf Lundin ordinary restaurant where a number of largedeals learning has been made

shy Lets see its 60 times a year It is in any case more than once a weeksays Heppenstall

He takes a sip of beer Luke agrees calculation

shy Okay say Heppenstall Conservatively 50 50 20 years what will itbe Uh yeah 1 000 Oops 1000 lunches here It would have beencheaper to buy instead

Laughter again

Ashley Heppstall says that he at no time asked the board member CarlBildt why he agreed to take the place of Lundin Oil

shy He said that Lundin was the largest oil company in Sweden and thatnearly all geopolitical issues affected by raw materials He seemed tothink it was intellectually interesting to sit on the Board said Heppenstall

An hour earlier Ian Lundin laughed at the question of Carl Bildt askedagain

shy Getting back to the board No we have not asked He was on theboard then it was in a way important to us He did very good things andwas needed at the time

Now take a waitress up Lukas Lundin order a bottle of white wine Thetrio ordering the mixed salad for an appetizer Brothers selects bass withrice for the main course Heppenstall steak tartare

Lukas Lundin asks his brother if he is done with his part of the interviewwith DN

shy Yes Thank God its over he replies with a smile and empty beer glass

Then he turns around points in the direction down the street next door

shy Do you remember that place over there When it was really tough dadwent there where you had to fondue and wine for three francs

Heppenstall

shy I remember once when we were on an investor trip to Libya with Adolfthere was a dinner so he stood up and said I have to make astatement this is a remarkable evening for the first time in 24 years I eatdinner without wine

The trio laugh at the memory of Adolf H Lundin It is followed by morestories more memories and more wine Directors have a nice day in theshade of a tree

When the waitress brings the bill signed by the Ian Lundin Theespresso is empty and all go the short distance to the office Which hasonly Lukas Lundin an individual meeting with Heppenstall then IanLundin same

Lukas Lundin sitting in the office chair in his study Unlike brotherwhich has a PC yet computer desktop

He has a bit of paper in front of him and a phone that goes in one LukasLundin is the restless extrovert brother According to people close to thefamily he is the brothers who are most like his father Adventurous anddriven to do business Mergers investments or divestments does notmatter shy as long as there are transactions

shy I like to build things to have things consistently to make new businessfinding oil fields and building mines Its pretty fun says Lukas Lundin

The move from Vancouver marked a shift for the family sphere thatbusiness is more concentrated on this part of the world Lukas Lundinmeant to go from 450 flight hours to 300 a year With its own privatjetenEach flight hour teaches cost 100 000 SEK Planet pays for thebillionaire himself

Recently it became known that his new 83shymeter yacht shy the worldslargest hybrid yacht and the worlds 75th largest boat shy was inauguratedin 1000 partygoers As many had been involved in the constructionWithin the immediate circle expressed Lukas Lundin concerns about howit was perceived in Sweden but were reassured that even the paymentof their own money and not something Lundin Company

The former apartment in Vancouver covering one floor of a skyscraperThat he has sold shy you have to finish it to not go back all the time Therehe had a gold bar in the living room the first to be broken at a goldproject That he has taken with him to the new residence a large housenext to Lake Geneva

Empty nesters and he has been divorced for many years He says helives alone

You have no girlfriend

shy Well little girlfriends Maybe a few too many he says with a laughstating that he had already been married once

shy It may suffice

Lukas Lundin visiting Stockholm for meetings every month But a moveto Sweden think he is not up to date not even in the future

Is it because you would not fit in Sweden with your lifestyle private jetsyachts and several girlfriends

shy Yes it probably would perhaps stand out a bit ha ha

It is a comfort to have a great fortune

shy Of course it gives security but then how much do you need

shy It depends on how much you should have answers his own questionwith a laugh You do not need so much Ingvar Kamprad said surely onemillion and five hundred thousand It depends on the character

If you should have private jets or not

shy Yes exactly

It is galling to many you have earned so much money over the years

shy Its been good but its been pretty hard the last two three years Allother markets have gone up and the commodities market has stood stillBut it goes in cycles

Last weeks tour of the Middle East have convinced him of the newbusiness despite the Lundin Group has had an eventful autumn behindFor two months several major transactions the purchase of new copperand gold assets Additionally the refinancing of existing companies Thefamily invested about two billion

shy When you are an entrepreneur do you always investments The onesitting on cash is not an entrepreneur he says

The next year he believes in investing in Egypt a couple of differentprojects he has already called

shy Thats right interesting times to look there people are a little worriedabout oil prices and all are somewhat fearful of Egypt as I think seemsto work quite well

There is information that the IS is in Egypt

shy IS is not in Egypt They are well in Libya and Iraq the most

No matter how you look at it there jihadists in Egypt

shy Yes there are some problems in northern Sinai says Lukas Lundin

shy I do not think that the IS is so dangerous One can make goodagreements with the government And it has been a stable country forlong

Neither he nor his brother seems to care about the persistent and longshystanding criticism It confounds not new business

Lukas Lundin points out that the oil industry generally receive muchcriticism stating that the criticism of the shops in the Sudan mainly comefrom NGOs He hints at something of a conspiracy

shy It is quite interesting to Sweden has such a law called one would haveknown There are two million white people in the NGO business life thatlives by running around some do well and some do quite a lot of painSweden is a pretty good place to test if any company can say that onewould have known

shy Many reports written about it and some Swedish prosecutors brought itup because we get so much criticism If they could get it that we shouldhave known when it will open up a huge door for all these guys

Lukas Lundin has personally seen how inshyeffective aid workers in Sudan

shy In Khartoum there are many nice Land Rover with fine white men withdrivers running around They do nothing but cost any amount

However reports are clear and they are wellshyfounded in hiscriticism against you

shy No they are not Theyve never been down there They are detailedbut ignorant Interviews yes Not to be mean but if you tell a man that ifyou do an interview and say this so you get lots of money

The reports are still very smart and sharp in his accusations againstyou What are you saying

shy They are completely ignorant It is appalling that there is so muchignorance of it all huh No humans have been down in the Sudan forone year and walked around

Press chief Robert Eriksson sitting nearby interrupts to say that IanLundins response to how you look at Sudan also applies to the brother

How will it affect you if there is a prosecution

shy I have not done anything wrong so it will not affect at all Just that its alittle dicey That there is a Swedish prosecutor who hunt around and saythat we are war criminals he says and lets out a boisterous laugh

shy I am quite surprised that you can actually run around for five years andnot come up with anything It is pretty tough for people who are accusedReversed discrimination kalshyI learn it

Robert Eriksson mitigates the statement says Lukas Lundin feelingfrustrated because it takes a long time Any concern for conviction arenot

shy We have not done anything so what should I be worried says LukasLundin

Robert Eriksson tries again saying the investigation might lead to a morethorough investigation but that on their part are convinced to havedone everything correctly

shy I am more than convinced For I have not even done anything wrongsays Lukas Lundin

Why are you up for an interview now

shy When you have received so much negative press then you have to setit up and talk about it and say that you are so mean ha ha But I thinkyou have to be careful Some people have already decided it does notmatter what you say

shy Interviews are a little dangerous Sitting and talking and so you onlytake out this little thing which is totally wrong I think you have to becareful if you just take out some small sentences of the interview as itmay sound completely wrong It happens politicians throughout

Ian Lundin protruding into the head of Lukas Lundins office he isreversed to the cycling clothes

shy Shall we go in ten minutes

shy  Yes sir answers Lukas Lundin

Lundin Mining made for a number of years ago an investment inSunridge Gold engaged in mining projects in Eritrea They bought sharesof several million resulting in about 20 percent of the company FirstLukas Lundin denies that it has any ownership in the country which areunder EU sanctions since in 2009

shy That we no longer have We sold this project he says but are unsureof the time

shy It must have been 2010 We have nothing left there

But the sale were not disclosed and the two Directors of Lundin Miningsmanagement team are directors of Sunridge Gold Lukas Lundin wonder

216 44 0 7

if mine in fact is Chile since he claims that it must be old information inthe end he sets himself a question

shy What do Sunridge

shy We have nothing to do with it Can we check it he says withaddressing the press officer Robert Eriksson

shy Theres a lot happening in Canada as they are not interested inhimself There are a lot of these kinds of smallshycap companies that arenot worth anything or type 5shy10 million dollars These are so smallThere are 1000 small caps in Canada I know what youre asking but Ido not know why they are there Maybe because we owned the shares atone time I think it is historic I can check it

Then he says that Eritrea is not a country he wants to invest in

shy Paul (Conibear CEO of Lundin Mining editors note) think it is a Gansshyka complicated country For us of Lundin Mining I do not think it is sogood politically

Later information on the ownership looks Lundin Mining owns apercentage of Sunridge but argues that there is tangible property Itconfirms that two directors of Lundin Mining sits on the Board

In Geneva replacing Lukas Lundin on the bike clothes

Next to the reception is the captain driver He pumps the tires of thebrothers bicycles and refill their water bottles Soon they are in the way

The bikes around in circles in front of the famous Flower Clock in thecenter of Geneva Tourists stand next door and taking photographsThen it turns out that they will meet their companion for the rideelsewhere The brothers goes on up the Rue des Alpes at a slow paceSpinner waiting at the red light Switches on the green

In the twilight bicycles brothers side by side up the hill behind which thesun sets

Images of text Eva Tedesjouml

Emanuel Sidea

Share with your friends

OTHERS ARE READING

Family suspected of being locked in and raped the teenager

Nearly 200 dead shy now the accident silenced

Dangerous escape route via the Port of Gothenburg

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More from the front

The former apartment in Vancouver covering one floor of a skyscraperThat he has sold shy you have to finish it to not go back all the time Therehe had a gold bar in the living room the first to be broken at a goldproject That he has taken with him to the new residence a large housenext to Lake Geneva

Empty nesters and he has been divorced for many years He says helives alone

You have no girlfriend

shy Well little girlfriends Maybe a few too many he says with a laughstating that he had already been married once

shy It may suffice

Lukas Lundin visiting Stockholm for meetings every month But a moveto Sweden think he is not up to date not even in the future

Is it because you would not fit in Sweden with your lifestyle private jetsyachts and several girlfriends

shy Yes it probably would perhaps stand out a bit ha ha

It is a comfort to have a great fortune

shy Of course it gives security but then how much do you need

shy It depends on how much you should have answers his own questionwith a laugh You do not need so much Ingvar Kamprad said surely onemillion and five hundred thousand It depends on the character

If you should have private jets or not

shy Yes exactly

It is galling to many you have earned so much money over the years

shy Its been good but its been pretty hard the last two three years Allother markets have gone up and the commodities market has stood stillBut it goes in cycles

Last weeks tour of the Middle East have convinced him of the newbusiness despite the Lundin Group has had an eventful autumn behindFor two months several major transactions the purchase of new copperand gold assets Additionally the refinancing of existing companies Thefamily invested about two billion

shy When you are an entrepreneur do you always investments The onesitting on cash is not an entrepreneur he says

The next year he believes in investing in Egypt a couple of differentprojects he has already called

shy Thats right interesting times to look there people are a little worriedabout oil prices and all are somewhat fearful of Egypt as I think seemsto work quite well

There is information that the IS is in Egypt

shy IS is not in Egypt They are well in Libya and Iraq the most

No matter how you look at it there jihadists in Egypt

shy Yes there are some problems in northern Sinai says Lukas Lundin

shy I do not think that the IS is so dangerous One can make goodagreements with the government And it has been a stable country forlong

Neither he nor his brother seems to care about the persistent and longshystanding criticism It confounds not new business

Lukas Lundin points out that the oil industry generally receive muchcriticism stating that the criticism of the shops in the Sudan mainly comefrom NGOs He hints at something of a conspiracy

shy It is quite interesting to Sweden has such a law called one would haveknown There are two million white people in the NGO business life thatlives by running around some do well and some do quite a lot of painSweden is a pretty good place to test if any company can say that onewould have known

shy Many reports written about it and some Swedish prosecutors brought itup because we get so much criticism If they could get it that we shouldhave known when it will open up a huge door for all these guys

Lukas Lundin has personally seen how inshyeffective aid workers in Sudan

shy In Khartoum there are many nice Land Rover with fine white men withdrivers running around They do nothing but cost any amount

However reports are clear and they are wellshyfounded in hiscriticism against you

shy No they are not Theyve never been down there They are detailedbut ignorant Interviews yes Not to be mean but if you tell a man that ifyou do an interview and say this so you get lots of money

The reports are still very smart and sharp in his accusations againstyou What are you saying

shy They are completely ignorant It is appalling that there is so muchignorance of it all huh No humans have been down in the Sudan forone year and walked around

Press chief Robert Eriksson sitting nearby interrupts to say that IanLundins response to how you look at Sudan also applies to the brother

How will it affect you if there is a prosecution

shy I have not done anything wrong so it will not affect at all Just that its alittle dicey That there is a Swedish prosecutor who hunt around and saythat we are war criminals he says and lets out a boisterous laugh

shy I am quite surprised that you can actually run around for five years andnot come up with anything It is pretty tough for people who are accusedReversed discrimination kalshyI learn it

Robert Eriksson mitigates the statement says Lukas Lundin feelingfrustrated because it takes a long time Any concern for conviction arenot

shy We have not done anything so what should I be worried says LukasLundin

Robert Eriksson tries again saying the investigation might lead to a morethorough investigation but that on their part are convinced to havedone everything correctly

shy I am more than convinced For I have not even done anything wrongsays Lukas Lundin

Why are you up for an interview now

shy When you have received so much negative press then you have to setit up and talk about it and say that you are so mean ha ha But I thinkyou have to be careful Some people have already decided it does notmatter what you say

shy Interviews are a little dangerous Sitting and talking and so you onlytake out this little thing which is totally wrong I think you have to becareful if you just take out some small sentences of the interview as itmay sound completely wrong It happens politicians throughout

Ian Lundin protruding into the head of Lukas Lundins office he isreversed to the cycling clothes

shy Shall we go in ten minutes

shy  Yes sir answers Lukas Lundin

Lundin Mining made for a number of years ago an investment inSunridge Gold engaged in mining projects in Eritrea They bought sharesof several million resulting in about 20 percent of the company FirstLukas Lundin denies that it has any ownership in the country which areunder EU sanctions since in 2009

shy That we no longer have We sold this project he says but are unsureof the time

shy It must have been 2010 We have nothing left there

But the sale were not disclosed and the two Directors of Lundin Miningsmanagement team are directors of Sunridge Gold Lukas Lundin wonder

216 44 0 7

if mine in fact is Chile since he claims that it must be old information inthe end he sets himself a question

shy What do Sunridge

shy We have nothing to do with it Can we check it he says withaddressing the press officer Robert Eriksson

shy Theres a lot happening in Canada as they are not interested inhimself There are a lot of these kinds of smallshycap companies that arenot worth anything or type 5shy10 million dollars These are so smallThere are 1000 small caps in Canada I know what youre asking but Ido not know why they are there Maybe because we owned the shares atone time I think it is historic I can check it

Then he says that Eritrea is not a country he wants to invest in

shy Paul (Conibear CEO of Lundin Mining editors note) think it is a Gansshyka complicated country For us of Lundin Mining I do not think it is sogood politically

Later information on the ownership looks Lundin Mining owns apercentage of Sunridge but argues that there is tangible property Itconfirms that two directors of Lundin Mining sits on the Board

In Geneva replacing Lukas Lundin on the bike clothes

Next to the reception is the captain driver He pumps the tires of thebrothers bicycles and refill their water bottles Soon they are in the way

The bikes around in circles in front of the famous Flower Clock in thecenter of Geneva Tourists stand next door and taking photographsThen it turns out that they will meet their companion for the rideelsewhere The brothers goes on up the Rue des Alpes at a slow paceSpinner waiting at the red light Switches on the green

In the twilight bicycles brothers side by side up the hill behind which thesun sets

Images of text Eva Tedesjouml

Emanuel Sidea

Share with your friends

OTHERS ARE READING

Family suspected of being locked in and raped the teenager

Nearly 200 dead shy now the accident silenced

Dangerous escape route via the Port of Gothenburg

Baumlsta raumlnta banksparandeSkaffa den baumlsta raumlntan paring banksparande med denna gratis jaumlmfoumlrelsefinansportalensesparkonto

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ANNONS

BOKA ANNONS HAumlR raquo

More from the front

shy Many reports written about it and some Swedish prosecutors brought itup because we get so much criticism If they could get it that we shouldhave known when it will open up a huge door for all these guys

Lukas Lundin has personally seen how inshyeffective aid workers in Sudan

shy In Khartoum there are many nice Land Rover with fine white men withdrivers running around They do nothing but cost any amount

However reports are clear and they are wellshyfounded in hiscriticism against you

shy No they are not Theyve never been down there They are detailedbut ignorant Interviews yes Not to be mean but if you tell a man that ifyou do an interview and say this so you get lots of money

The reports are still very smart and sharp in his accusations againstyou What are you saying

shy They are completely ignorant It is appalling that there is so muchignorance of it all huh No humans have been down in the Sudan forone year and walked around

Press chief Robert Eriksson sitting nearby interrupts to say that IanLundins response to how you look at Sudan also applies to the brother

How will it affect you if there is a prosecution

shy I have not done anything wrong so it will not affect at all Just that its alittle dicey That there is a Swedish prosecutor who hunt around and saythat we are war criminals he says and lets out a boisterous laugh

shy I am quite surprised that you can actually run around for five years andnot come up with anything It is pretty tough for people who are accusedReversed discrimination kalshyI learn it

Robert Eriksson mitigates the statement says Lukas Lundin feelingfrustrated because it takes a long time Any concern for conviction arenot

shy We have not done anything so what should I be worried says LukasLundin

Robert Eriksson tries again saying the investigation might lead to a morethorough investigation but that on their part are convinced to havedone everything correctly

shy I am more than convinced For I have not even done anything wrongsays Lukas Lundin

Why are you up for an interview now

shy When you have received so much negative press then you have to setit up and talk about it and say that you are so mean ha ha But I thinkyou have to be careful Some people have already decided it does notmatter what you say

shy Interviews are a little dangerous Sitting and talking and so you onlytake out this little thing which is totally wrong I think you have to becareful if you just take out some small sentences of the interview as itmay sound completely wrong It happens politicians throughout

Ian Lundin protruding into the head of Lukas Lundins office he isreversed to the cycling clothes

shy Shall we go in ten minutes

shy  Yes sir answers Lukas Lundin

Lundin Mining made for a number of years ago an investment inSunridge Gold engaged in mining projects in Eritrea They bought sharesof several million resulting in about 20 percent of the company FirstLukas Lundin denies that it has any ownership in the country which areunder EU sanctions since in 2009

shy That we no longer have We sold this project he says but are unsureof the time

shy It must have been 2010 We have nothing left there

But the sale were not disclosed and the two Directors of Lundin Miningsmanagement team are directors of Sunridge Gold Lukas Lundin wonder

216 44 0 7

if mine in fact is Chile since he claims that it must be old information inthe end he sets himself a question

shy What do Sunridge

shy We have nothing to do with it Can we check it he says withaddressing the press officer Robert Eriksson

shy Theres a lot happening in Canada as they are not interested inhimself There are a lot of these kinds of smallshycap companies that arenot worth anything or type 5shy10 million dollars These are so smallThere are 1000 small caps in Canada I know what youre asking but Ido not know why they are there Maybe because we owned the shares atone time I think it is historic I can check it

Then he says that Eritrea is not a country he wants to invest in

shy Paul (Conibear CEO of Lundin Mining editors note) think it is a Gansshyka complicated country For us of Lundin Mining I do not think it is sogood politically

Later information on the ownership looks Lundin Mining owns apercentage of Sunridge but argues that there is tangible property Itconfirms that two directors of Lundin Mining sits on the Board

In Geneva replacing Lukas Lundin on the bike clothes

Next to the reception is the captain driver He pumps the tires of thebrothers bicycles and refill their water bottles Soon they are in the way

The bikes around in circles in front of the famous Flower Clock in thecenter of Geneva Tourists stand next door and taking photographsThen it turns out that they will meet their companion for the rideelsewhere The brothers goes on up the Rue des Alpes at a slow paceSpinner waiting at the red light Switches on the green

In the twilight bicycles brothers side by side up the hill behind which thesun sets

Images of text Eva Tedesjouml

Emanuel Sidea

Share with your friends

OTHERS ARE READING

Family suspected of being locked in and raped the teenager

Nearly 200 dead shy now the accident silenced

Dangerous escape route via the Port of Gothenburg

Baumlsta raumlnta banksparandeSkaffa den baumlsta raumlntan paring banksparande med denna gratis jaumlmfoumlrelsefinansportalensesparkonto

100 Free Spins100 Free Spins och vaumllkomstbonus paring 2000 kronorExtraspelcom

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ANNONS

BOKA ANNONS HAumlR raquo

More from the front

216 44 0 7

if mine in fact is Chile since he claims that it must be old information inthe end he sets himself a question

shy What do Sunridge

shy We have nothing to do with it Can we check it he says withaddressing the press officer Robert Eriksson

shy Theres a lot happening in Canada as they are not interested inhimself There are a lot of these kinds of smallshycap companies that arenot worth anything or type 5shy10 million dollars These are so smallThere are 1000 small caps in Canada I know what youre asking but Ido not know why they are there Maybe because we owned the shares atone time I think it is historic I can check it

Then he says that Eritrea is not a country he wants to invest in

shy Paul (Conibear CEO of Lundin Mining editors note) think it is a Gansshyka complicated country For us of Lundin Mining I do not think it is sogood politically

Later information on the ownership looks Lundin Mining owns apercentage of Sunridge but argues that there is tangible property Itconfirms that two directors of Lundin Mining sits on the Board

In Geneva replacing Lukas Lundin on the bike clothes

Next to the reception is the captain driver He pumps the tires of thebrothers bicycles and refill their water bottles Soon they are in the way

The bikes around in circles in front of the famous Flower Clock in thecenter of Geneva Tourists stand next door and taking photographsThen it turns out that they will meet their companion for the rideelsewhere The brothers goes on up the Rue des Alpes at a slow paceSpinner waiting at the red light Switches on the green

In the twilight bicycles brothers side by side up the hill behind which thesun sets

Images of text Eva Tedesjouml

Emanuel Sidea

Share with your friends

OTHERS ARE READING

Family suspected of being locked in and raped the teenager

Nearly 200 dead shy now the accident silenced

Dangerous escape route via the Port of Gothenburg

Baumlsta raumlnta banksparandeSkaffa den baumlsta raumlntan paring banksparande med denna gratis jaumlmfoumlrelsefinansportalensesparkonto

100 Free Spins100 Free Spins och vaumllkomstbonus paring 2000 kronorExtraspelcom

Prisvaumlrda garageportarSveriges bredaste utbud och gratis hembesoumlk Kontakta oss idagGarageportexpertense

ANNONS

BOKA ANNONS HAumlR raquo

More from the front

Crimea March 2014 Photo Andrew Lubimov AP

Storm against Spotifyfor new termsMany miss the change in the agreement Its a littleunexpected things Spotify wants to do

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