Political eruptions continue following Iceland banking report

ingibjorg_solrun_littlePolitical meetings this weekend brought a tearful self critique from the Social Democrats and a resignation from the Independence Party.

Thorgerdur Katrin Gunnarsdottir, Vice-Chair of the Independence Party, has decided to resign her post and to temporarily resign from parliament pending the findings of a parliamentary committee investigating how the so-called Black Report reflects on MPs and ministers.

At a party conference in Reykjanesbaer yesterday, she said that she has lost the public trust she once enjoyed. “I have therefore, after much contemplation, come to the conclusion that it would be best for the Independence Party as it stands, if I discontinue as Vice Chairman and take temporary leave from Althingi with respect for the parliamentary committee which is looking into the (banking crash) research report,” Gunnarsdottir said.

She said that her and her husband, Kristjan Arason, have made mistakes by getting involved in the banks’ culture of risk taking. Her performance as a politician in the run up to the collapse had also featured great complacency, she admitted. Gunnarsdottir and her husband have been criticised for having taken huge loans from the old Icelandic banks.

Meanwhile, former Minister of Foreign Affairs and former head of the Social Democrats, Ingibjorg Solrun Gisladottir unexpectedly bared her soul at her party’s conference in Gardabaer. She said she cannot look back at the crash with much pride and said there had been many slip-ups from her party as junior government coalition partner to the Independence Party before and after the crash. After finishing her speech, the former minister welled up with emotion, Visir.is reports.

Gisladottir told her party colleagues that she had let down her voters, her party and herself. Ingibjorg Solrun Gisladottir did, however, escape serious personal criticism in the Black Report.

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