Skip to content

Officer under suspension due to claims of spying linked to the Landsbanki incident in 2012.

Traffic officer from Reykjavik Metropolitan Police removed from post due to suspicions of spying for cash while at work. Investigation by state prosecutor is underway, tracing back to 2012.

Exposing the Underside of Power: The Fall of a Traffic Warden in Iceland

Officer under suspension due to claims of spying linked to the Landsbanki incident in 2012.

Step into a whirlwind of intrigue, where the lines between duty and duplicity interweave in a tangle of deceit. A traffic warden in Reykjavik, the city of fire and ice, find himself under the scrutiny of the authorities after it was discovered he traded his badge for a payday in espionage.

The cat's out of the bag, and the state prosecutor has taken up the case, tracing its roots back to 2012, a time when secrets were currency and trust was a rare commodity.

According to RÚV, our unsuspecting hero was caught red-handed, spying on individuals within the privacy of their homes and workplaces, all under the guise of serving and protecting. But was there more to the story?

A Billionaire's Dark Secret: The Alleged Financier of a Private Spy Ring

The pieces of the puzzle begin to fall into place, and we find ourselves tangled in a web spun by Björgólfur Thor Björgólfsson, a business tycoon with a knack for controversy. The case is intricately linked to allegations that he financed a covert operation, targeting individuals embroiled in a lawsuit born out of the 2008 collapse of Landsbanki, where he held the title of the bank's largest shareholder.

The tale unfolds through the investigative report of Kveikur, aired on RÚV yesterday, painting a grim picture of a billionaire playing dirty to determine whether businessman Róbert Wessman was pulling the strings behind the class action lawsuit. The report offers evidence in the form of audio recordings and documents, pointing to Björgólfur Thor Björgólfsson's close associate, lawyer Birgir Már Ragnarsson, as the intermediary between the tycoon and the private security firm, PPPSF.

The Men Behind the Mystery: PPPSF and Its Founders

PPPSF, the firm responsible for the covert operations, was birthed by two former police officers - Jón Óttar Ólafsson and Guðmundur Haukur Gunnarsson. Both men, who once graced the halls of the Office of the Special Prosecutor, found themselves embroiled in scandal when they were accused of peddling stolen data from said office to a bankruptcy estate. But charges against the pair were ultimately dropped.

The firm, PPPSF, is rumored to have tracked former Landsbanki shareholders from September to December 2012. Their clandestine tactics included the use of hidden cameras and audio devices, with a focus on documenting the movements of Róbert Wessman, even down to his children's medical visits.

The Reykjavik traffic warden in question, Lúðvík Kristinsson, stands accused of contributing significantly to the operation, logging a staggering 60 hours of surveillance while ostensibly on police duty.

The espionage operation extended to high-profile individuals, including future MP Vilhjálmur Bjarnason, lawyer Ólafur Kristinsson, and Supreme Court attorney Jóhannes Bjarni Björnsson. A recording from Novator offices, linked to Björgólfsson, apparently confirms Birgir Már Ragnarsson as the mastermind behind the deal with PPPSF. The firm, it is said, logged around 850 hours of surveillance in just three months.

In the world of power and politics, trust is a commodity that can be bought—or so it seemed. The investigation into this matter could have far-reaching consequences, not just for Björgólfsson but for the entire Icelandic legal and law enforcement systems. The veil of secrecy has been lifted, and the truth, as they say, is out there for all to see.

[1] Enrichment: State Prosecutor Investigation[2] Enrichment: Connection to the business magnate Björgólfur Thor Björgólfsson[3] Enrichment: Involvement of former police officers

  1. The state prosecutor's investigation reveals a dark connection between billionaire Björgólfur Thor Björgólfsson and investigative firm PPPSF, implicating the latter in a covert operation that targeted individuals embroiled in a lawsuit stemming from the 2008 collapse of Landsbanki.
  2. The founder of PPPSF, Guðmundur Haukur Gunnarsson, once worked for the Office of the Special Prosecutor, but faced charges for peddling stolen data from the same office to a bankruptcy estate, though these were later dropped.
  3. The allegations against billionaire Björgólfsson involve his associate, lawyer Birgir Már Ragnarsson, who is said to have served as the intermediary between him and PPPSF.
  4. The traffic warden under investigation, Lúðvík Kristinsson, is accused of contributing significantly to the operation run by PPPSF, logging a large number of hours surveilling high-profile individuals such as MP Vilhjálmur Bjarnason, lawyer Ólafur Kristinsson, and Supreme Court attorney Jóhannes Bjarni Björnsson.
Traffic officer from the Reykjavík Metropolitan Police force dismissed due to alleged espionage for remuneration during work tenure. Authorities are presently scrutinizing this lengthy situation that originated in 2012, under the supervision of the state prosecutor.

Read also:

Latest