News

In the following statement, Samherji seeks to explain its views in the so-called Namibia case and, at the same time, present some of the main findings of an investigation by the Norwegian law firm Wikborg Rein. Initially, it was intended to present the results to the Icelandic authorities a while back, but it has been repeatedly postponed for well-known reasons. Therefore, although that presentation has not yet taken place, it is now appropriate to present some comments from Samherji regarding the main findings from the investigation.

Samherji fiskeldi ehf. has entered into agreements with HS Orka for the development of land-based salmon farming in the Resource Park by the Reykjanes Power Plant. The goal is to produce a wholesome quality product with a low ecological footprint. The company has secured access to sea and electricity to produce up to 40 thousand tons of salmon on land annually. Warm seawater will be used in the production, a resource stream from the cooling of the Reykjanes Power Plant. Samherji fiskeldi has also reached an agreement with landowners for the development.
A general briefing about the project will be held in the .......

Construction of and installation of new equipment is currently underway in the vessel Oddeyrin EA, allowing the ship to start experimenting with bringing live groundfish ashore for processing. This particular technology and method have not been used on trawlers before.
The vessel, previously named Western Chieftain, is a 45-meter-long pelagic vessel that Samherji acquired and had converted for groundfish fishing with the option of pumping fish on board and store it alive in specially equipped tanks.

Samherji notes that the Norwegian bank DNB has received a violation penalty from the Norwegian supervisory body Finanstilsynet of 400 million Norwegian kroner. Samherji has no knowledge of this violation penalty beyond what may be read in publicly available sources.

Vilhelm Thorsteinsson EA 11, a new pelagic fishing vessel built especially for Samherji, sailed into Eyjafjördur in Iceland for the first time yesterday. Vilhelm Thorsteinsson is a large, elegant and exceptionally well-equipped vessel, 89 meters long and 16.6 meters wide. The carrying capacity is well over three thousand tons in thirteen tanks, where the catch will be cooled down to bring the best possible raw material to land.

The Icelandic National Broadcasting Service (RÚV) ethics committee has found journalist Helgi Seljand guilty of violating RÚV's Code of Ethics with his written comments about Samherji. The committee decided that several of his remarks, which contained a "clear and personal stance" on Samherji, constitute a "serious violation" of the Code. This is the conclusion of the committee in a ruling announced today.

A new video about fresh fish production in Samherji's high-tech plant in Dalvík covers the entire production process in detail from when the fish is landed directly from Samherji's vessels to the processing house until fresh products are packed according to customers' requirements and ready for delivery.

Dear coworkers

Yesterday, RUV continued its long-standing attack on Samherji with coverage that was quite unbelievable. During an episode of Kveikur, old news from Cyprus was recycled, and auditors were brought to the fore who made all sorts of assertions without justification. Finally, a new Namibian citizen was presented that no one within Samherji has heard of until now.

The Oslo Public Prosecutor has dropped a criminal case directed at the Norwegian bank DNB due to transactions with companies affiliated with Samherji. DNB bank reported this in an announcement to the Oslo Stock Exchange this morning. The investigation, which covered allegations of money laundering, did not reveal any criminal conduct that could lead to prosecution, and therefore the case was dropped.

It was reported this morning that the prosecutor intends to bring charges against Namibian companies affiliated with Samherji in a case that is currently being tried in a court in Windhoek, Namibia. More than twenty Namibian nationals are on trial, but this morning it was announced that the prosecutor intends to add charges against three Namibian companies affiliated with Samherji and their management. Under Namibian law, charges against these companies automatically result in their directors being charged in their capacities.