Pierre Rajotte
Strategic Concepts & Mechanics
Primary Evidence
"The brokerage firm was run by a man named Pierre Rajotte. He was involved in several projects, including the travel agency Ballard World Travel across the street from Lunde Marine. Rajotte was a used-car salesman type, what the Americans call a "wheeler-dealer"; someone you need to count your fingers after dealing with. He had noticed the young man who frequently came in to inquire about new boats. Røkke was not the only one, as there was a steady stream of local fishermen coming in to buy boats, but this one stood out. "He might have been twenty years old, but looked like a 15-year-old," one of the people working at the firm said, and they joked among themselves that Røkke looked so young that he probably couldn't even have a driver's license – and that wasn’t a dumb assumption..."
"However, Røkke refused to appear as a loser. It was all about saving everything that could be saved from the creditors' claws. Together with his auditor, Pierre Rajotte, and lawyer Rex Stratton, he concocted a plan to dodge the guarantee to the bank and the shipyard. The means was to create a foundation for his son Kristian. Here, the father could transfer assets and shares, hoping they would then be safe from the creditors' long arms. Such a plan meant that Kjell Inge Røkke did not intend to settle his debts – the creditors were to be misled."