Audit Office Can’t Investigate Ex-OR Chairman’s Work Skip to content

Audit Office Can’t Investigate Ex-OR Chairman’s Work

By Iceland Review

Director of the Icelandic National Audit Office Sveinn Arason said the office does not have the authority to investigate the work of former chairman of Reykjavík Energy (OR) Gudlaugur Thór Thórdarson as he has requested.

The headquarters of Reykjavík Energy. Photo by Páll Stefánsson.

“The matters of Reykjavík Energy do not fall under us or our authority, that is absolutely clear,” Arason told Fréttabladid yesterday. At that point he had not received a formal request from Thórdarson that the Audit Office investigate his work at OR.

Thórdarson released a statement to the media on Monday evening, saying that he intended to make such a request to the Audit Office because of reports stating that he had been involved in raising funds for the Independence Party, of which he is member, from FL Group and Landsbanki and that his work at OR had been influenced by the fund raising.

“Cheap insinuations and backroom discussions about my work are unacceptable and seem to serve the sole purpose of dealing a blow to the Independence Party in this time before the elections. I believe it is important that the truth be revealed and that an objective party reviews my work and delivers a result as soon as possible,” Thórdarson said.

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