Aavo Kärmas objects to prosecutor's office publishing his name in Enefit Green case

The Estonian prosecutor's office has announced it is closing its investigation into the so-called Enefit Green shares case. Aavo Kärmas has publicly objected to the prosecutor's office disclosing his name in connection with the case.

The Estonian prosecutor's office announced today that it is closing its investigation into the so-called Enefit Green shares case, which had attracted significant public attention. Among those named in connection with the inquiry is Aavo Kärmas, who has responded with a public statement expressing his dissatisfaction.

Kärmas stated that he objects to the prosecutor's office having disclosed his name to the public in relation to the investigation. In his address to the public, published in full, he made clear that he considers the disclosure of his identity unjustified under the circumstances of a case that is now being dropped without charges.

The closure of the Enefit Green shares investigation marks the end of a probe that had been followed closely in Estonian public life. Enefit Green is a major renewable energy company listed on the Tallinn Stock Exchange, and any allegations tied to its shares trading were of broad interest to investors and the public alike.

The case raises broader questions about the rights of individuals named during criminal investigations that ultimately do not result in prosecution. Kärmas's public objection highlights the tension between the prosecutor's office's communication practices and the reputational consequences for those who are investigated but not charged.