AMF Scandal

LO Meeting To Be Continued On Monday

Union bosses inside Sweden’s Trade Union Confederation (LO) held a quick telephone conference on Sunday afternoon amid mounting speculation that the LO’s head Wanja Lundby-Wedin would be forced to stand down. The union bosses broke off the talks and will meet again on Monday.

On Saturday, the Social Democrat Leader Mona Sahlin went on record saying that she believed Lundby-Wedin should step down from the board of pensions company AMF in the wake of revelations that she and the rest of the board approved of large pension payments to the retiring boss of AMF.

The revelations have rocked the confederation and the Social Democrats whose party secretary Ibrahim Baylan on Saturday directly linked a poor showing in a public opinion poll to the AMF/LO scandal.

Wanja Lundby- Wedin herself said that she was tricked into approving this payment.

According to a poll published in Dagens Nyheter on Saturday, 50 percent of the Swedish public believe Lundby-Wedin should go and 53 percent of the LO membership say the same.


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