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Olof K Gustafsson sells Escobar Inc

Summary by Svenska Dagbladet
Celebrity entrepreneur Olof K Gustafsson, who is imprisoned in Spain, is selling his holdings in controversial Escobar Inc and stepping down as CEO. "It's clear that it's not good for the company when the CEO is in prison," he tells SvD.

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Celebrity entrepreneur Olof K Gustafsson, who is imprisoned in Spain, is selling his holdings in controversial Escobar Inc and stepping down as CEO. "It's clear that it's not good for the company when the CEO is in prison," he tells SvD.

·Stockholm, Sweden
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About 70 per cent of the income will be earmarked for the fight against drug abuse, while the remaining 30 per cent will be used to finance the fight against drug trafficking.

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lindependant.fr broke the news in on Friday, March 7, 2025.
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