The Academy, composed of Sweden's literary elite, said it aimed to award two prizes in 2019, including the 2018 one. Prime Minister Stefan Lofven said it was important that the Academy "now tirelessly continues to work on regaining (public) confidence." Arnault denies all allegations, regarding both sexual misconduct and leaking the names of laureates, his lawyer told Reuters on Thursday. The Nobel Foundation, which administers the estate of dynamite inventor Alfred Nobel, said the crisis at the Academy had "adversely affected" the Nobel Prize. "Their decision underscores the seriousness of the situation and will help safeguard the long-term reputation of the Nobel Prize," the Foundation said in statement.

Source: bd News24 May 04, 2018 07:18 UTC