“Victims” Won’t Corroborate Ex-Kaupthing Chair’s Story Skip to content

“Victims” Won’t Corroborate Ex-Kaupthing Chair’s Story

Three individuals, who former chairman of Kaupthing Bank Sigurdur Einarsson named yesterday as the victims behind information leaks of confidential documents from the bank, say they are not familiar with any breach of confidentiality.

“It is at least not true in my case,” Thorgerdur Katrín Gunnarsdóttir, former Minister of Education and current vice-chairperson for the Independence Party, told Fréttabladid.

Former Minister of Education Thorgerdur Katrín Gunnarsdóttir. Copyright: Icelandic Photo Agency.

An investment company owned by Gunnarsdóttir’s husband, Kristján Arason, has recently caught the media’s attention. Arason was one of Kaupthing’s managing directors and took loans from the bank to purchase shares in the bank itself.

Björn Ingi Hrafnsson, former Reykjavík City Councilman and current editor of Pressan, an online publication, would not comment on Einarsson’s statements.

An investment company owned by Hrafnsson and his wife, has also recently been covered in the media. The company held a stake in Exista, Kaupthing’s majority owner.

The financial affairs of the third person named by Einarsson, Lúdvík Bergsson, party group chairman of the Social Democrats, have been discussed by the media too.

“I have never traded with Kaupthing. Such a discussion must underline that the investigation of this banking collapse should be sped up,” Bergsson told Fréttabladid.

Einarsson has sent a letter to the Financial Supervisory Authority (FME), requesting an investigation into the information leak at Kaupthing, stating that privacy in banking must be upheld in order to run financial operations in Iceland.

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