Norwegian tax authorities

"Røkke had both the bay and the ends and played ruthlessly. Møgster and Torgersen experienced what it meant to defy him. With support from Mundt and the other partners, Røkke held the power – and he used it hard. The end result was that Møgster and Torgersen received 5.5 million dollars for their bare third-party share of the company, which valued the entire company at 123 million kroner. It was a disgraceful price for a company that was likely worth ten times that. Norwegian tax authorities were alarmed when the sum appeared in the tax returns. They suspected that black money had been paid under the table and initiated an investigation. But it led to nothing, as the incredibly low purchase price was correct."

"The time that followed was hard. At Northern Shipping, they kept receiving threatening calls from Peter Siemer, some of which were recorded. Finally, the three former partners played their best card: Fredriksen's dealings with the Norwegian tax authorities. Fredriksen was faced with an ultimatum: Either settle all accounts, or they would tip off the tax office about certain accounts in Jersey and other places. Shortly thereafter, John Fredriksen moved from Norway. On Monday, October 2, 1978, the unknown company Pantera Services Ltd. bought the three-story house at 23, Shawfield Street near King’s Road in Chelsea, London."