Arne Treholt is currently businessman and consultant based in Cyprus.
During the years 1982–1983 he studied at the Norwegian Joint Staff College.
Since 2004 he heads the FMC Securities. Earlier he was the managing director, president of the RIM Investment Management (since 1998), vice-president of START group, Moscow (1995-1997). He was also the president of Ismos Trading, Moscow 1993-1995.
Mr. Treholt served for the state of Norway as a counselor in Norwegian Mission to the UN (economic development) New York (1979-1983), deputy Minister of Law of the Sea, Ministry of Foreign Affairs (1976-1979) and political secretary of the Norwegian Ministry of Foreign Affairs and Shipping (1972-1976).
Arne Treholt is a former Norwegian Labour Party politician and diplomat convicted of high treason and espionage on behalf of the Soviet Union and Iraq during the Cold War. Arrested in 1984 and sentenced to 20 years in prison the following year, the Norwegian government pardoned him in 1992 after he had served over 8 years in a maximum security prison. After his release from prison, he settled in Russia and later in Cyprus, where he still works.
He was a member of the Norwegian Labour Party and also worked as a journalist for the National Daily “Arbeiderbladet”. From 1979 to 1982 he was connected to the Norwegian UN delegation in New York as an Embassy Counsellor.
He was also department head of division for the Norwegian Ministry of Foreign Affairs' press from 1983.
In 2004 he published an autobiographical book «Grasoner» («Grey Zones»).