British investor Jim Ratcliffe’s business dealings in Iceland have sparked heated discussion on Icelandic social media, RÚV reported.
RÚV reported that musician Bubbi Morthens was among those who publicly criticised Ratcliffe’s activities in the country. The details of Morthens’ comments have not been disclosed, but they contributed to the controversy surrounding the investor’s transactions.
A spokesperson for Ratcliffe later responded to this criticism. “Time and again, history has shown us that money has similar power,” the spokesperson said, as quoted by RÚV. Ratcliffe has not issued any further response, and details of the specific transactions have not been made public.
Sources
- RÚV (first reported) in Icelandic
- RÚV English
