Hrafnsson Will not Participate in REI Investigation Skip to content

Hrafnsson Will not Participate in REI Investigation

Björn Ingi Hrafnsson, the only representative of the Progressive Party in the new Reykjavík City majority coalition, announced last weekend that he will not take part in investigating the merger between Reykjavík Energy Invest (REI) and Geysir Green Energy (GGE).

“It was my decision,” Hrafnsson said, adding that the Independence Party, which is now the opposition party in Reykjavík City Council after Hrafnsson terminated his cooperation with it and formed a new coalition, had tried to make it seem suspicious that Hrafnsson was part of the steering group leading the merger investigation. “I want the steering group to be above all doubt.” Fréttabladid reports.

The substitute councilor for the Progressive Party, Óskar Bergsson, will take Hrafnsson’s seat in the steering group.

Independence Party councilor Gísli Marteinn Baldursson is satisfied with Hrafnsson’s decision. “With our comments we were not saying that Hrafnsson would be dishonest during the investigation of this case, but that it should be above all doubt.

Baldursson said the Independence Party councilors had certain expectations for the steering group, but had not found it right that Hrafnsson would have a seat in it. “It is important that everyone is determined to reach a conclusion in this case and Hrafnsson’s decision strengthens our belief that it will happen.”

During the first meeting of Reykjavík City Council after the new coalition majority had taken over, the council agreed that a steering group headed by Svandís Svavarsdóttir of the Left Greens would investigate the legality of all aspects of the REI-GGE merger and that the chairmen of all parties in Reykjavík City would have a seat in the steering group.

Despite that decision the Independence Party decided that their chairman, former mayor Vilhjálmur Th. Vilhjálmsson, should not participate in the investigation and appointed Hanna Birna Kristjánsdóttir instead.

The Independence Party councilors then pointed out that Hrafnsson had been equally involved in the merger as Vilhjálmsson and therefore he should not have a seat in the steering group either.

Click here to read more about this story.

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article