From Iceland — President's Office Not Considering Revoking Award from Kaupthing Chair

President’s Office Not Considering Revoking Award from Kaupthing Chair

Published May 18, 2010

The president’s office currently has no plans to revoke the Order of the Falcon – probably the highest honor one can receive in Iceland – from former Kaupthing chairman Sigurður Einarson.
Sigurður received the award in 2007 for “being at the forefront of the Icelandic outvasion of economic activities”. Today, as most of you know, Sigurður is wanted by Interpol for fraud.
Eyjan contacted the office of the president to ask if Sigurður was going to be stripped of the award. No such plans are in the works, nor are there any plans to revoke the same award from former prime ministers Geir H. Haarde or Halldór Ásgrímmsson.
The committee that gives the award does have the right to strip recipients of the Order of the Falcon, if it some point in their carreers they behave in a manner that would normally deny them the award.
The photo is Sigurður Einarsson and Hreiðar Már Sigurðssonreceiving the Presidential Export Award in 2005.

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