Ian Lundin

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Ian Lundin
Born1960 (age 6465)
OccupationBusinessman
TitleChairman, Lundin Petroleum
SpouseVirginia Lundin
Children2
Parent Adolf H. Lundin
Relatives Lukas Lundin (brother)

Ian Henrik Lundin (born 1960) is a Swedish-Canadian billionaire businessman. He is the former chairman of Lundin Petroleum.

Contents

Personal life

Ian Lundin was born in 1960, the son of Adolf H. Lundin, the founder of Lundin Mining and Lundin Petroleum. [1] He and his wife Virginia live in Geneva, Switzerland, and have a son and a daughter together. [2]

Career

Lundin was chairman of Lundin Petroleum until 2022.

Together with his older brother Lukas Lundin, he has a net worth of at least US$2.5 billion. [3]

On 11 November 2021, Lundin was indicted in Stockholm District Court for abetting grave war crimes in Sudan, alongside Lundin Petroleum executive Alex Schneiter. The two men are accused of being complicit in atrocities committed by the government of South Sudan between 1999 and 2003, when the Sudanese army forcibly took control of Block 5A to make way for Lundin's oil exploration. Lundin risks a life sentence if convicted. [4] [5] [6] After being charged, Lundin announced he would resign as chairman of Lundin Petroleum at the annual general meeting in 2022. [7]

The trial of Lundin and Schneiter began on 4 September 2023 and was scheduled to last until February 2026, making it the longest trial in Swedish history. [8] Lundin testified in his own defense in December 2024 and January 2025. His responses to the prosecutor's questions were described as "evasive", and he frequently claimed not to remember incriminating details. [9]

References

  1. "Lukas Lundin - Lundin Petroleum Board of directors". Lundin-petroleum.com. Archived from the original on 25 March 2016. Retrieved 18 March 2017.
  2. "The brothers Lundin want to pour oil on the waves" (PDF). Cdn.ceo.ca.s3-us-west-2.amazonaws.com. Retrieved 19 March 2017.
  3. "The Swedish Tycoon Hunting for Commodities Says He Makes His Own Luck". Bloomberg. 29 August 2016. Retrieved 18 March 2017.
  4. "Sweden charges Lundin Energy executives with complicity in Sudan war crimes". Reuters. 11 November 2021. Retrieved 11 November 2021.
  5. Sweden, Radio (11 November 2021). "Swedish oil representatives indicted on complicity in grave war crimes in Sudan". Sveriges Radio. Retrieved 11 November 2021.
  6. "Prosecution for complicity in grave war crimes in Sudan". Åklagarmyndigheten. Retrieved 11 November 2021.
  7. Milne, Richard (11 November 2021). "Swedish oil executives charged with complicity in Sudan war crimes". Financial Times.
  8. "Sweden: Lundin Energy trial scheduled to end in 2026, set to become longest trial in Swedish history". Business & Human Rights Resource Centre. 21 September 2023.
  9. Truc, Olivier (10 January 2025). "Ian Lundin finally speaks". JusticeInfo.net.