From Iceland — Protest At Landsbanki - Photos And Video

Protest At Landsbanki – Photos And Video

Published January 26, 2016

Andie Sophia Fontaine
Photo by
Art Bicnick

About 60 protestors showed up at Landsbanki just moments ago, and delivered a resignation letter to the bank’s CEO.

When Grapevine arrived, some 60 people were gathered in front of Landsbanki at around noon today. The action was sparked in part by the recent controversy surrounding Landsbanki’s sale of its shares in the finance company Borgun in 2014. The sale was conducted behind closed doors, despite the bank being 98% owned by the state, and has set off calls for an investigation within parliament.

The protestors on scene have also called for an investigation, but they furthermore demanded that Landsbanki CEO Steinþór Pálsson resign.

Shortly after assembling on the steps of the bank and announcing their demands, protestors then entered the bank. There, chanting and playing music began. The bulk of the lobby, in particular near the entrance, was filled with protestors. “Close the bank!,” protestors chanted, as well as, “Where is Steinþór?”

It was not long before Steinþór arrived. Attempts at explaining the Borgun situation were difficult, as protestors frequently shouted over him, accusing him of lying. You can watch the entire exchange here:


Steinþór received the resignation letter, and while saying he was not going to resign, he did say that he welcomed any investigations into the sale of Borgun. He furthermore welcomed the protestors to return at any time.



Link to the photo gallery.

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