The office of Iceland’s special prosecutor into the banking crisis has for the first time used its powers to freeze personal assets.
Stod 2 News reported last night that the office of Olafur Thor Hauksson has ordered the immediate freezing of Baldur Gudlaugsson’s accounts. Gudlaugsson is the former permanent secretary at the Ministry for Finance who sold his shares in Landsbanki immediately before the bank’s collapse. Stod 2 reported that the amount frozen is equivalent to the amount the shares’ sale generated.
When interviewed by Stod 2, Olafur Thor Hauksson would not confirm how much money has been frozen or whose money it is. He said those details will be made public as soon as the issue has gone to court.
Terrorist!
Seriously, good to finally see some movement. Any idea what the expected timeline is?
Iceland’s special prosecutor is finally using his powers and baring his teeth. Justice is starting…
Oh come on, it is of course correct to nail such a fraud, however it is rather pathetic considering who has yet to be brought to justice, not only that the disasterous dithering by the prosecutor has only, I suggest, given the higher Icelandic criminals time to launder their assets several times through the Britis Virgin Islands.
Very nice !
That’s just one year too late…
Holy ****! What you don’t see in the article above is how much we’re talking about.
I assumed that he was a typical civil servant-type who, on finding out that Landsbanki was dead in the water, sold up. Something we can all sympathise with, if not condone.
But how much are we talking about? Again, I assumed something that would be very important to a civil servant-type. Say a hundred thousand dollars, maximum. Probably a lot less.
USD 800,000!!!
http://icelandreview.com/icelandreview/daily_news/?cat_id=16539&ew_0_a_id=352155
His only mistake was not moving to Russia.
Baldur is David Oddsons friend, like half of the high court judges, you are celebrating to early,
if you feel like celebrating you should party with Jon Asgeir,
http://www.youtube.com/watch?v=hiBTLJTBIfM
As you can see, he is not afraid of burning peoples savings whitch he had access to trough various banks, of course the Icelandi tax payer will be picking up the bill, and his children and ….
http://www.youtube.com/watch?v=c7EBncHb9zU&feature=related
and its all perfectly legal, the “system” takes care of its people.
Ladies and gentlemens,
The Oddson’s Iceland,
MMAFIA, MAAFIA, MAFFIA, MAFIIA, MAFIAA, …
http://www.youtube.com/watch?v=jvg55YveGfI
Jon Asgeir owns a company called 365 ljosvakamidlar who owns a most of the news media in Iceland, it also owns Saga film who had the Baugur party clip above removed from Youtube.
it will always pop up somewhere again, you can not erase the past
http://www.dailymotion.com/video/xb78m8_baugur-day-2007_news