• Sweden's news in English

Pressure mounts on union head to quit

TT/AFP/The Local · 25 Mar 2009, 09:09

Published: 25 Mar 2009 09:09 GMT+01:00

Facebook Twitter Google+ reddit

“My confidence in her is at zero. It’s time to look for someone else,” said Kenneth Björkman, chair of LO Skåne, to the Expressen newspaper.

He doesn’t think Lundby-Wedin’s explanation as to why she approved a more than 60 million kronor ($7.4 million) pension package for former AMF Pension CEO Christer Elmehagen is adequate.

AMF is co-owned by LO and the Swedish Confederation of Enterprise, and Lundby-Wedin is LO's representative on the board of AMF and voted in favour of the deal.

“Someone in her position ought to know better. This can’t be misinterpreted. She’s had everything in her hands and signed off on the annual report,” said Björkman.

Speaking with the TT news agency, Björkman conceded that he was in the minority among district labour leaders in publicly questioning Lundby-Wedin’s leadership.

“There aren’t many who are doing what I’m doing. That’s their problem. I stand for what I’ve said,” he told TT.

According to Björkman, many LO's 1.7 million mostly blue collar members are disappointed with Lundby-Wedin and want to see her step down.

“They think it’s outrageous,” he said.

Lundby-Wedin has claimed she was unaware of what she was signing off on when she approved the former AMF Pension CEO’s pension.

Board chair Göran Tunhammar revealed that the LO chief hadn’t previously seen two documents which AMF Pension’s accountants are currently reviewing.

“These are some of the documents which are sent out to the board a few days before a special session, when we agreed to let our external accountants call in experts to go through all the documents related to Christer Elmehagen’s pension,” Tunhammar told Sveriges Raido (SR).

According to Lundby-Wedin, the two documents in question which she never saw could have significance for understanding how Elmehagen’s pension became so expensive.

She also claims that the board’s compensation committee didn’t address the issue of Elmehagen’s sizeable pension.

But Tunhammar denies Lundby-Wedin contention, saying that the compensation committee did deal with the question.

Political observers and editorialists have also said that whether Lundby-Wedin knew of the deal or did not, she had not done her job.

Story continues below…

"A person who is paid to monitor a company should take responsibility for its business. Or resign," the Dagens Nyheter (DN) wrote on Wednesday, a call echoed in several other dailies.

DN noted that Lundby-Wedin sat on the board of 24 companies, while financial news daily Dagens Industri said AMF's 11 board members held a total of 119 board positions.

The scandal comes just weeks after media revealed that several AMF executives received lofty bonuses shortly after the company announced that it was reducing clients' pensions by eight percent due to the global economic crisis.

The executives decided to pay back their bonuses after the reports.

TT/AFP/The Local (news@thelocal.se)

Facebook Twitter Google+ reddit

Today's headlines
Sweden can extend border controls, EU says
A police officer carrying out a check at Sweden's border with Denmark. Photo: Emil Langvad/TT

EU countries including Sweden should be granted permission to extend temporary border controls by a period of a further three months, the European Commission has decided.

Nobel Prizes
'I'd say he's arrogant but I'd be lying': Swedes on Bob Dylan
Bob Dylan performing in France. Photo: David Vincent/AP

Almost two weeks have passed since Bob Dylan was awarded the Nobel Prize in Literature and he has yet to acknowledge the win. The Local asked Swedes what they think of the singer's silence.

Sweden cuts 2016 refugee forecast by thousands
A Swedish migration authority office in Stockholm. Photo: Maja Suslin/TT

The country has also slashed its prediction for 2017.

Swedish researchers plan new trucks for women drivers
File photo of trucks in Sweden. Photo: Thomas Johansson/TT

Could vehicles adapted for women attract more female truckers to the profession?

These stats show Swedish driving isn't so gender equal
File photo of a Swedish woman driving a car. Photo: Pontus Lundahl/TT

A new survey shows that few Swedish women get behind the wheel when driving with their male partner.

Revealed: Game of Thrones could be coming to Sweden
Game of Thrones cast members at the Emmy Awards in September. Photo: Jordan Strauss/AP

The producers of the hit show have asked for three rounds of location pictures of Swedish island Gotland.

Prime Minister to meet Swedish troops in Iraq
Swedish Prime Minister Stefan Löfven and his Kurdish counterpart Nechervan Barzani. Photo: Henrik Montgomery/TT

Sweden's Prime Minister Löfven is set to meet Swedish troops in Iraq on Tuesday.

Swedish politicians wage war on winter time
Soon it will look like this on your way home from work in Sweden. Photo: Anders Wiklund/TT

Should Sweden stick with summer time all year round?

'Don't turn the Pope into a global teddy bear'
Sweden's Queen Silvia and Princess Leonore visiting Pope Francis in the Vatican last year. Photo: Henrik Montgomery/TT

It's time to hold the Pope to account and make sure he turns his words about reform into action, argues a minister of the Swedish Church ahead of Pope Francis' visit to Sweden.

Löfven: 'Sweden will double its number of troops in Iraq'
Stefan Löfven and Haider al-Abadi during the visit on Monday. Photo: Henrik Montgomery/TT

Swedish Prime Minister Stefan Löfven has promised to double his country's number of troops in Iraq following a meeting with Iraqi counterpart Haider al-Abadi on Monday.

Sponsored Article
Last chance to vote absentee in the US elections
Property of the week: Kungsholmen, Stockholm
Sponsored Article
This is Malmö: Football capital of Sweden
The Local Voices
'I simply don’t believe in nationality'
Why we're convinced Game of Thrones is based on Sweden
Blog updates

6 October

10 useful hjälpverb (The Swedish Teacher) »

"Hej! I think the so-called “hjalpverb” (auxiliary verbs in English) are a good way to get…" READ »


8 July

Editor’s blog, July 8th (The Local Sweden) »

"Hej readers, It has, as always, been a bizarre, serious and hilarious week in Sweden. You…" READ »

Sponsored Article
Where is the Swedish music industry heading?
People-watching: October 21st-23rd
Sponsored Article
Why you should 'grab a chair' on Stockholm's tech scene
Fury at plans that 'threaten the IB's survival' in Sweden
Analysis & Opinion
Are we just going to let half the country die?
Angry elk chases Swede up a lamp post
Sponsored Article
Stockholm: creating solutions to global challenges
The Local Voices
'Alienation in Sweden feels better: I find myself a stranger among scores of aliens'
Sponsored Article
Swedish for programmers: 'It changed my life'
People-watching: October 20th
The Local Voices
A layover at Qatar airport brought this Swedish-Kenyan couple together - now they're heading for marriage
Sponsored Article
Top 7 tips to help you learn Swedish
Swede punches clown that scared his grandmother
Sponsored Article
‘Extremism can't be defeated on the battlefield alone’
Fans throw flares and enter pitch in Swedish football riot
Could Swedish blood test solve 'Making a Murderer'?
Sponsored Article
Stockholm: creating solutions to global challenges
Property of the week: Linnéstaden, Gothenburg
Sponsored Article
Why you should 'grab a chair' on Stockholm's tech scene
Swedish school to build gender neutral changing room
Sponsored Article
Where is the Swedish music industry heading?
People-watching: October 14th-16th
Sponsored Article
One expat's strategy for making friends in Stockholm
Man in Sweden assaulted by clowns with broken bottle
Sponsored Article
Nordic fashion in focus at Stockholm University
Nobel Prize 2016: Literature
Watch the man who discovered Bob Dylan react to his Nobel Prize win
Record numbers emigrating from Sweden
People-watching: October 12th
The Local Voices
'Swedish startups should embrace newcomers' talents - there's nothing to fear'
How far right are the Sweden Democrats?
Property of the week: Triangeln, Malmö
Sweden unveils Europe's first elk hut
People-watching: October 7th-9th
The Local Voices
Syria's White Helmets: The Nobel Peace Prize would have meant a lot, but pulling a child from rubble is the greatest reward
jobs available