Mass transit company Strætó will have to sell the Mercedes jeep that was originally bought for managing director Reynir Jónsson.
Vísir reports that the board of Strætó took the decision at a meeting held last Wednesday to sell the jeep, which was bought for 10.2 million ISK last summer. According to the minutes of the meeting, the purchase was never put up for a vote with the board – rather, Reynir took it upon himself to buy the jeep.
No decision has been taken on when the jeep will be sold, but chairperson of the board Bryndís Haraldsdóttir told reporters that the sale should be made shortly after Reynir returns from abroad. Reynir has made no objections with selling the jeep, and believes Strætó should get the same amount of money back that was paid for it.
RÚV points out that for the price paid for the jeep, the money spent could have gone towards other areas of the company. For example, 10.2 million ISK could cover the cost of year-long bus cards for 240 students (at 42,500 ISK each). By the same token, the cost could also buy 3-month bus passes for 485 adults, and so forth.