It's not yet Finnished

by Sven Triloqvist
Fri May 23rd, 2008 at 05:24:09 AM EST

Helsingin Sanomat: Finland's election financiers

Further to my two diaries on the campaign donation scandal (the scandal mainly being that the recipients denied or obscured the origin of donations) here and here, Hesari lays out a lot of interesting background on 3 'colourful' businessmen that have so far not been connected to the scandal publicly.


The Members of Parliament appeared to be blissfully unaware of the origins of their election funding.
      It may have come as a surprise to them, too, to learn that behind the companies shovelling money in their direction are to be found a group of rather colourful business types, including the big-league investors Kai Mäkelä, Ahti Vilppula, and Ari Salmivuori.

These tax exile Finnish businessmen have connections in Russia, Kazahkstan, Croatia and who knows where. But the revelations that caught my eye were their involvement in Alma Media and Talentum. Alma Media is a print media, online media and formerly TV channel operator group (net sales 329 M€). Talentum is the biggest stable of print and online B2B media in the Nordics. Disclaimer: I used to write their annual Media Tool Kit for international sales.

Vilppula and Mäkelä are both sizeable owners of Talentum and Alma Media, two influential media groups. They have also owned large holdings in the Ruukki Group. Ari Salmivuori's private investment company Ajanta has for its part distinguished itself by investing in a number of Finnish listed companies, including the sports equipment firm Amer (see earlier article).
      By reputation, Vilppula, Mäkelä, and Salmivuori are not regarded exactly as shining white knights or business angels, but as heavyweight investors who are used to reaping serious returns on the sums they lay out.

Helsingin Sanomat is part of the huge SanomaWSOY media group controlled by Grand Old Man of Finnish newspapers - Aatos Erkko (a member of the Trilateral Commission and the Bilderberg group)

As I have noted before, there were two power camps in Finland prior to the financial crisis of the early Nineties. These two opposing camps were divided between the banks KOP and SYP, and their influence was felt far beyond business investment, into politics and so on - perhaps even to foreign policy.

What we are seeing now, possibly, is a business coagulation around two media camps. SanomaWSOY is by far the most powerful of the two, and the revelatory article at the top of this diary is surely their broadside against the pesky privateers that threaten its trade and 'colonial' interests.

One of the recipients of dodgy campaign donations is current Defence Minister,  Jyri Häkämies. What does he have to say about it?

 "I think it is probably the same motives as the trade unions have when they give their backing to Finnish candidates with a union background. Why should companies not be able to give the same kind of support, and to promote candidates who reflect their own outlook on the world?"

Finnish politics gets interesting.

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And still the revelations tumble out.

PM Matti Vanhanen, after denying several times that he knew the origin of his campaign donations is now revealed to have been involved in the setting up the very 'foundation' that gave the dodgy donations!

There is a crisis meeting of all political party reps with the Justice Minister at this very moment.

This could be diary heaven...

You can't be me, I'm taken

by Sven Triloqvist on Fri May 23rd, 2008 at 05:59:01 AM EST
European Tribune - It's not yet Finnished
Why should companies not be able to give the same kind of support, and to promote candidates who reflect their own outlook on the world?"

Perhaps because democracies are supposed to have government of the people, by the people, for the people, and not by and for corporations?

"It's a mystery to me - the game commences, For the usual fee - plus expenses, Confidential information - it's in my diary..."

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Fri May 23rd, 2008 at 11:23:56 AM EST
[ Parent ]
so why can't they donate? ;-)

The issue is transparency. In everything.

You can't be me, I'm taken

by Sven Triloqvist on Fri May 23rd, 2008 at 12:30:22 PM EST
[ Parent ]
They pay corporate income taxes for the privileges of limited liability and collective bargaining under one-dollar / one-vote majority decision making ... but with the limitations of personal responsibility should also come limitations in political activity.


Utsukushii kereba sore de ii
by BruceMcF (agila61 at netscape dot net) on Fri May 23rd, 2008 at 01:05:24 PM EST
[ Parent ]
Agreed.  Limited liability should also come with limited rights, and one of the limitations which should apply is that corporate entities should not be entitled to become actors in the political space - e.g. by supporting/funding candidates of their choice.  Corporations don't have votes for that reason.

The job of a corporate body is to pursue it's corporate interests - quite often transnational now - whereas the job of a state is to protect the interests of its people - which may sometimes coincide but are never coterminous with the interests of the people.

Political debate should be between the people and not determined by corporate interests - which means there should also be considerable restrictions on corporate ownership of media etc. - which are an essential part of a functioning democracy.

"It's a mystery to me - the game commences, For the usual fee - plus expenses, Confidential information - it's in my diary..."

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Fri May 23rd, 2008 at 01:46:16 PM EST
[ Parent ]
Frank Schnittger:
protect the interests of its people - which may sometimes coincide but are never coterminous with the interests of the people

I should of course have written "coterminous with the interests of corporations".  What's good for Henry Ford isn't always what's good for America - even if it sometimes can be.

"It's a mystery to me - the game commences, For the usual fee - plus expenses, Confidential information - it's in my diary..."

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Fri May 23rd, 2008 at 01:49:06 PM EST
[ Parent ]
ET.. my  most trusted source of news.

Great Sven

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Fri May 23rd, 2008 at 06:31:29 PM EST


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