Former Employee Of Iceland’s Navigation Services Bribed In Millions

A former Isavia employee has been charged by the district prosecutor with bribery and fraud. The man accused was a service manager for the company and has, allegedly, accepted bribes in a total of 3.5 million ISK from an Icelandic technology company. The evidence was traced in an Excel spreadsheet where the bribes were labeled as “consulting”.

Isavia is Iceland’s provider for Keflavík International Airport and air navigation services. They operate all public airports and air navigation services in the northeast Atlantic. The employee in question was in charge of the Keflavik airport’s parking lot and was part of a strange business, RÚV announced today.

The bribes are supposed to be connected to the purchase of thousands of 760,000 parking tickets to the Icelandic technology company. The trade was made in 2015 by an “abnormally high price” says the prosecution, with benefits to be shared with the CEO. The deal was made in 2016, Isavia bought a total of 1.5 million tickets to this company.

The Isavia employee is supposed to have taken advantage of their position to secure the deal. Service Managers are usually responsible for managing service level agreements with customers and external service providers.

The former Isavia employee got the exact amount of 3,485,250 ISK in his company account from the CEO of the company disguised as consulting fees. It is estimated that the CEO of the company has profited around 4.5 million ISK. Isavia is suing both individuals for damage in over 12.5 million.