OSLO EXCHANGE HEAD DROWNED

Oslo (Reuter) - Erik Jarve, 50, director of the Oslo stock exchange for two decades, was found drowned in an apparent suicide the day after he was sacked because of alleged financial irregularities. Jarve, dismissed for what his employers describe d as mixing his "private economy and the economy of the bourse", was found in a fjord near his summer house in Telemark province.

The Oslo bourse board said on Monday the alleged irregularities had primarily taken place this year and were uncovered last week. Few details were announced but the amount in question was reported to have involved less than 1m crowns (£92,600).