Finnish court extends deadline for fraud charges in Oma Säästöpankki case
Thursday 25th June 2026 on 13:45 in
Finland
South Ostrobothnia District Court has granted a one-year extension for filing charges in a fraud case involving Oma Säästöpankki, pushing the deadline to 25 June 2027.
The original deadline would have expired this Saturday, four months after the National Bureau of Investigations (NBI) secured assets of the suspects under a precautionary measure. Finnish law requires charges to be filed within four months of such an order.
The NBI sought the extension as the investigation remains incomplete. Jussi Luoto, the NBI detective leading the probe, said there are still many details to clarify but hopes the pre-trial investigation will finish within a year.
Former Oma Säästöpankki CEO Pasi Sydänlammi, former deputy CEO Pasi Turtti, and a third man unaffiliated with the bank are suspected of aggravated fraud. The case stems from the bank’s lending practices, which the bank itself reported.
An employee in a leading position is alleged to have manipulated the credit process. In 2024, the bank recorded approximately €84 million in loan losses, with €64 million linked to actions violating internal guidelines.