Oct 14 2010

Bending All the Rules, Just for Alcoa

Following is a short clip from the documentary ‘Dreamland’, made by Andri Snær Magnason and Þorfinnur Guðnason in 2009. Here you can see Friðrik Sóphusson, then head of Landsvirkjun (Icelandic Power Company), telling the American ambassador in Iceland how they are “bending all the rules, just for this” referring to the Alcoa project in Reyðarfjörður.

4 Responses to “Bending All the Rules, Just for Alcoa”

  1. Guðbjartur Hákonarson says:

    Unbeliavable! What an incredible lack of judgement!

    Speaks clearly about how deeply corrupt and shamless these people are, that they would let such things pass their lips….

    PS: The footage is probably from 2004 at the ceremony when the first spade full was taken for the ALCOA smelter in Reydarfjordur.
    The woman is Valgerdur Sverrisdottir, then Minister of Industry.
    I wonder what rules Sophusson is bending now in his new job as director of Islandsbanki, formerly the infamous Glitnir Bank….

  2. […] to pay any bribes. Icelandic officials have been more than willing to do their service for free, “bending all the rules” as Friðrik Sophusson, former head of LV, was caught on tape […]

  3. DD says:

    Hey, a link to this documentary should probably be included on the website, maybe a short article even ?

    https://www.youtube.com/watch?v=9k6p3Zem9G0 The Age of Aluminium

  4. FFI says:

    It already is, DD. But thanks anyway for the tip-off.