'Corruption' Tag Archive

Feb 28 2008

Alcoa Sued for Over $1 Billion for Bribery and Fraud


The worlds third biggest Aluminium corporation, ALCOA is being sued for at least $1 Billion by a Bahraini metals company. Alba (the 10th largest Aliminium producer in the world) claims ‘massive, outrageous fraud’ perpetrated by ALCOA, who bribed officials in an enormous fraudulent scam to overcharge Alba for Alumina by $65 million per year for 15 years. Read More

Jan 27 2008

UN: Iceland’s Fishing Quota System Unfair


The United Nations Human Rights Committee has determined that Icelandic authorities violated the rights of two Icelandic fishermen who were not allocated any fishing quota after applying for it and were deemed to go fishing on a boat that had none.
The Human Rights Committee concluded that the Icelandic state should give the fishermen full compensation and establish a fisheries control system that fulfills the demands of international law, Morgunbladid reports. Read More

Jan 07 2008

‘Concerning the Fundamental Values of Society’ by Miriam Rose


A talk which opened a panel discussion at the ‘Reykjavikur Akademia’ with the topic ‘What are the Fundamental Values of Society’ 20 November 2007. Panelists included Reykjavik Chief of Police Stefán Eiríksson, historian and Left Green MP Guðfríður Lilja Grétarsdóttir and philosopher Viðar Thorsteinsson.

For those of you who don’t already know me, my name is Miriam Rose, and I am an activist and environmental scientist from the UK. I have been asked to speak today on my experience of the basic values of Icelandic society, based on an interview I did on Kastljos in October, after I was threatened with deportation from Iceland for my part in actions against the heavy industry policy of your government. The letter of requested deportation which I received explained that I may be expelled from Iceland for a minimum of three years as my behavior constitutes a ‘threat to the fundamental values of society’.
Read More

Nov 26 2007
1 Comment

Big Time Trouble without Bitruvirkjun says Mayor


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Active pools in the Hengill area (where Bitruvirkjun is planned)

From Fréttablaðið
26 November 2007

Ólafur Áki Ragnarsson, the Mayor of Ölfus, says the overwhelming negative stance of the town of Hveragerði will not have definite influence on whether the Bitruvirkjun power plant goes ahead. The power was earmarked for an Alcan Aluminium smelter in Helguvík. Read More

Nov 14 2007
3 Comments

Iceland’s Independence Hero Joins Curse Against Heavy Industry


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On Friday night the 9th of November a dramatic and theatrical action took place outside the Icelandic parliament, in which politicians who voted for the environmentally disastrous Kárahnjúkar project, were ridiculed and cursed. The event marked the turning on of the power station and first turbines in Fljótsdalur on Monday the 5th, and serves as a reminder to the Icelandic government that we have not forgotten their corrupt behavior towards this unrivaled magical wilderness. Read More

Nov 08 2007
1 Comment

Bitru and Hverahlíðar Power Plants Break Records in Negative Feedback


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Geothermal waterfall at Klambragil in Reykjadal, Hengill area

Saving Iceland
8 November 2007

A new national record in criticizing a power plant has been set.

Following negative reports from environmental engineers, objections to the Bitru and Hverahlíð geothermal power plant expansion have grown to over 678. Residents, scientists and town authorities are concerned with how close the power plant is planned to be to the town of Hveragerði. They are also afraid that it will harm future tourism, and obstruct land for outdoor activities. Read More

Nov 08 2007
1 Comment

Hálslón Tunnel Leakages Poisoning Highlands


Tunnel Halslon

photo by Tom Olliver

Saving Iceland
7 November 2007

Only two days after the glorious inauguration of the turbines at Kárahnjúkar dam, further structural problems are already emerging.

Icelandic paper Morgunbladid revealed today that severe leakages in the tunnels leading to the turbines are releasing 200 litres of water per second onto the ground surface, forming a swamp currently about a third of a hectare in size. When asked to comment on the situation, Kárahnjúkarvirkjun spokesperson Sigurdur Arnalds said the water loss was of no consequence.

Regardless of whether or not we should believe Arnalds, the revelation that tunnel water is reaching the ground water breaches one of Siv Fridleifsdottir’s [ex-Minister of Environment who pushed through the project] fundamental stipulations (no. 14):
That Kárahnjúkarvirkjun should NOT interfere with ground water levels. Read More

Oct 17 2007
2 Comments

The Directorate of Immigration Refuse to Deport Miriam Rose


Saving Iceland
17 October 2007

The Directorate of Immigration has decided that they will not grant the request of the Icelandic police and deport SI activist Miriam Rose.

The Directorate confirmed this tonight speaking to the Icelandic National TV news program Kastljos.

So far we are not aware of any legal reasoning for the decision. But it was clear already some time ago that the police had lost the propaganda war almost from the beginning. The “…serious threat to the fundamental values of society” claim, in the letter requesting that Miriam Rose was to be deported, was for example something that the Icelandic public was just not going to swallow so easily. Instead the deportation request caused great alarm with the public about the state of civil rights and democracy in Icelandic society, not without reason.

It has not passed unnoticed here in Iceland that even if the police are used to getting away with all sorts of power abuse most of the time, they have frequently got so carried away in the heat of the moment that they have repeatedly shot themselves badly in the foot. This website has reported a considerable number of such instances when it comes to SI protests.

Now that the police have finally exhausted the bogus threat of deporting environmental protesters they should maybe pause for some reflection.

Instead of constantly making fools of themselves with thuggish persecution and illconceived plots, perhaps the time has come that they do something sensible for a change. Like turning their attention to the corruption that is ripe in the Icelandic energy companies and not least the multinational corporate criminals they have tried so hard to protect from legitimate protest.

Miriam Rose is a co-author of ‘Aluminium Tyrants’, an article published this month in The Ecologist. /?p=1021

The decision of the DI finally spurred the Kastljos editors to transmit an interview they recorded three weeks ago with Miriam Rose. This had obviously been kept off the air in order not to further Miriam’s cause:
 http://dagskra.ruv.is/streaming/sjonvarp…

About the deportation case(s) see also:

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Oct 08 2007

Behind the Shining: Aluminum’s Dark Side


An IPS/SEEN/TNI report, 2001

This important and lengthy report from the Washington based Sustainable Energy and Economy Network is highly informative about the operational structure of the aluminum industry and the resulting impacts on human rights and the environment.

Read More

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

Oct 06 2007
1 Comment

Reykjavik Energy Reek with Corruption


Iceland Review
10/05/2007

Reykjavík City Council Quarrels about REI-GGE Merger

Members within the Independence Party of Reykjavík City Council are in a hefty debate about the merger between Reykjavík Energy Invest and Geysir Green Energy, announced Wednesday. Reykjavík City holds a share in REI.

REI was founded in March as the daughter company of Reykjavík Energy (OR) and the board of OR and their shareholders agreed on the merger at a meeting on Wednesday, ruv.is reports.

During the meeting it became evident that the attendees had very different opinions on the role and policy of OR and whether OR, a public company, should participate in such risky private business investments, which is where REI seems to be headed.

Some of the Independence Party members who hold a seat in the City Council said the merger happened too quickly and that their opinions, as representatives voted by Reykjavík residents to protect the city’s interests, had been ignored.

Independence Party council members approached by ruv.is would not comment on the record. One member, Gísli Marteinn Baldursson, only said the case was “sensitive” and that he needed to discuss it further with his colleagues before making any comments.

According to ruv.is, the merger will have certain consequences for the OR board—city councilmen who have a seat there may have to leave the board, including Reykjavík Mayor Vilhjálmur Th. Vilhjálmsson.

Following the debate, Vilhjálmsson requested last night that Bjarni Ármannsson, chairman of REI’s board, allow all OR employees to have the same preemptive rights to purchase shares in REI after the merger, Fréttabladid reports.

Gudmundur Thóroddsson, who is on leave from his position as OR’s CEO and the CEO of REI, was permitted to purchase shares with a par value of ISK 23 million (USD 373,000, EUR 264,000) at the currency rate of 1.3.

Three geologists, two engineers and one economist were permitted to purchase shares with a par value of 7.8 million (USD 127,000, EUR 90,000) at the 1.3 currency rate, but other OR employees were only allowed to purchase shares with a par value of up to ISK 300,000 (USD 4,900, EUR 3,400).

Ármannsson said REI’s board would review the mayor’s request.

Iceland Review
10/04/2007

REI and GGE to Merge and Become Energy Giant

Reykjavík Energy Invest (REI) and Geysir Green Energy (GGE) announced at a press conference yesterday that the companies would merge under the REI name. After the merger, the company will be worth ISK 65 billion (USD 1.1 billion, EUR 748 million).

“The merger is a way to achieve rapid growth. Size matters, because the companies we will compete with and be in competition with are huge energy companies,” Hannes Smárason, chairman of GGE’s board and CEO of FL Group, told Morgunbladid.

“With an increase in size we will have a larger say as well as access to more funding and thus take on larger projects, which are the most profitable and exciting projects in this business,” Smárason added.

“I am convinced that a merger will bring many opportunities and that there is a bright future ahead,” said Bjarni Ármannsson, who will serve as chairman of the new company’s board.

“But it depends of course on who is holding the cards. It is the responsibility of those in charge to create value. It is far from being within reach, but one could say that time is on our side and the wind is at our backs,” Ármannsson concluded.

Smárason and Ármannsson will introduce the merger at an FL Group investor meeting in London today.

See also:

Geysir Green Energy acquires shares in WGP
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Are ALCOA to be given Landsvirkjun on a silver plate?
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