Icelandic news translated into English

November 13, 2008

Ágúst Ólafur: Jón Ásgeirs threat is unbelievable

Ágúst Ólafur Ágústsson

Ágúst Ólafur Ágústsson

“I thin it is extremely odd that men think they can threaten members of the parliament in this manner, that they will simply be charged if they ask certain questions,” says Ágúst Ólafur Ágústsson, chairman of the trade commission of the Parliament.

In the letter that the lawyer of Jón Ásgeir Jóhannesson sent Ágúst tonight it is demanded that he will not call the representatives to his meeting on Friday. It was stated in the news on RÚV yesterday that Ágúst called to that meeting, amongst other issues to demand answers from the representatives ofr the banks if any of the banks financed the purchase of Jón Ásgeirs on 365 media as the situation has been clear on the media market.

Ágúst Ólafur says he will not bend to this demand of Jón Ásgeirs, as it is clear that this matter concerns the worried public and the parliament world if there has started a monopoly on the media market and if the government banks were a part in that. “But it is the banks responsibility to evaluate if there is bank secrecy at hand regarding this information or not. I am not asking men to break law but i am doing my job as a member of the Parliament,” says Ágúst. He says that the members of the Parliament have often asked questions and been denied answers. It is nothing new that members of the Parliament do not get information about issues that are secretive.

Ágúst Ólafur says that the threat of Jón Ásgeir is unbelievable, but doubts it has any example of these sort of threats before. “And one can ask oneself if he´s going to threat the media if they ask questions,” says Ágúst.

After the first news of that Jón Ásgeir bought 365 media he announced to all shareholders of 365 that they would be offered to be partners in the new company that bought the media.

News Article by noname
Original Article in Icelandic

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November 12, 2008

Jón Ásgeir threatens a lawsuit if the information about the financing of 365 media will be sent to the Parliament

Filed under: economy — newsfrettir @ 10:38 pm
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Jón Ásgeir Jóhannesson

Jón Ásgeir Jóhannesson

Jón Ásgeir Jóhannesson, first chairman of 365 hf, insists that Ágúst Ólafur Ágústsson, chairman of the trade commission of the Parliament, desists putting pressure on the representatives of the three government banks to give answers about a loan given for the purchase of 365. If he does not drop the demand Jón Ásgeir will press charges. This is stated in a letter that Einar Sverrisson lawyer sent the committeemen of the trade commission on the behalf of Jón Ásgeir earlier tonight.

In the evening radio news from the Government radio yesterday a news coverage was done about the trade commission of the Parliament have called to a meeting with the bank manager and bank representatives of the three government banks next friday to figure out who lent Jón Ásgeir one and a half billion krónur to buy 365 media.

In the letter it is pointed out that in law about investment companies there is a clause about the board members of investment companies, chairmen, accountants, employees and whoever works a job for the company is bound to secrecy about anything they find out or hear about the practice of the company, business or private matters of their clients, unless they are obligated by the law to share this information. There is nothing in the law about parliamentary procedure or any other law that gives the select committee clearance to be informed about private matters of a businessman of a financial company.

News Article by noname
Original Article in Icelandic

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