Flurry of new Icelandic scandals

The floodgates are slowly opening. The scandals continue to reveal the corruption and ugliness of the Icelandic political and financial system. The elections are looming… less than a week to go. Here are a few examples of things that are coming to light officially in the last day alone.

So, where to start?

1. At least six politicians got direct corporate sponsorships from large companies in the election year 2006. Baugur Group. FL Group and Landsbanki are mentioned in this first round. More is surely to come.  The amounts are up to two million ISK per head.

The politicians involved are Guðfinna Bjarnadóttir, Guðlaugur Þór Þórðarson and Illugi Gunnarsson from the Independence party. And from the Social Democratic Alliance, Helgi Hjörvar and Steinunn Valdís Óskarsdóttir. Steinunn is the former mayor of Reykjavik. From the Progressive party, Björn Ingi Hrafnsson. So far they have not wanted to comment or have stayed out of reach.

2. It seems impossible that the companies mentioned above could have given the politicians money without their knowlidge like some of them claim. Some of the politicians claim that their financial campaign managers only knew where the money came from. Nobody in their sane mind believes this. This needs to investigated, the payments and the actions of the people involved while in office.

3. One of the things will be hard to prove are the payments made available for politicians by companies in the form of paying for certain services, like phone bills, advertisements and other things. Not direct payments to the people, but indirect contributions non the less. Nothing about these kind of payments will be found in the parties financial books or the private books of the individuals involved. The main question is this: Will the books and bribe accusations be investigated at all?


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