A district court in Southern Ostrobothnia has ordered the seizure of assets totaling 13,813,261 euros belonging to two former top executives of Oma Säästöpankki and a third man in connection with an alleged serious fraud case. The suspected individuals are Pasi Sydänlammi, the former CEO, and Pasi Turtio, the former deputy CEO, who are accused of committing fraud during their time at the company. The fraudulent activities are alleged to have occurred between March 12, 2020, and June 19, 2024, culminating in Sydänlammi's resignation on the latter date.

The case raises significant implications for the financial reputation of Oma Säästöpankki, a publicly listed company, particularly as it involves high-level executives who held critical positions within the organization. In addition to the seizures linked directly to Sydänlammi and Turtio, there is another requirement involving Turtio and a third individual who was not employed by Oma Säästöpankki. This second case relates to alleged fraud that occurred between February 16, 2016, and March 15, 2024.

This situation not only puts the spotlight on corporate governance and the ethical responsibilities of executives but also raises concerns regarding the bank's internal controls and oversight mechanisms during the period of alleged wrongdoing. The public disclosure of the suspects' identities given their previous roles highlights the significance of accountability in the financial sector.