The Swedish Academy decided to postpone the 2018 Nobel Prize in Literature, with the intention of awarding it in 2019. The decision has been taken in the wake of a sexual and financial scandal that has engulfed the Swedish Academy, the cultural institution responsible for awarding the prestigious prize. According to the Swedish Foundations Act, the Nobel Foundation is ultimately responsible for fulfilling the intentions in the will of Alfred Nobel.
Published On : 07 May 2018