The Icelandic parliament has voted in favour of continuing the criminal court case against former prime minister Geir H. Haarde for negligence in his handling of the banking crash.
Posted on 02 March 2012.
The Icelandic parliament has voted in favour of continuing the criminal court case against former prime minister Geir H. Haarde for negligence in his handling of the banking crash.
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Posted on 14 February 2012.
Jón Ásgeir Jóhannesson, the former main owner of Baugur Group, will be on DV’s Direct Line with the general public later today. Jón Ásgeir, closely associated with Glitnir Bank and others, is one of Iceland’s most controversial pre-crash businessmen.
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Posted on 06 February 2012.
Icelandic tax payers are set to bear the heavy burden of recapitalising the government employees’ pension fund (LSR). Billions of extra krónur are needed by the fund over the coming decades so it can stand up to its responsibilities.
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Posted on 14 December 2011.
Two staff members of two different Icelandic telecommunications companies are believed to have informed people under investigation by the special prosecutor into the financial collapse that their phones were being tapped.
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Posted on 20 September 2011.
The British businessman Vincent Tchenguiz, who was closely linked with the Icelandic bank Kaupthing, has struck a deal with the defunct bank’s resolution committee. He will now stop his pursuit of damages against the bank.
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Posted on 28 August 2011.
The International Monetary Fund decided at a meeting this week that conditions are right to end its Icelandic financial revival programme on schedule at the end of this month. The final tranche of funding was also approved by the board.
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Posted on 04 August 2011.
A majority of the former Kaupthing Bank employees who were originally let off repaying loans used to buy shares in the bank, pre-collapse, have now made a payment deal with its resolution committee.
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Posted on 09 June 2011.
The former board of Exista in Iceland decided to pay millions of kronur in bonuses during 2009, despite the fact that the company was insolvent.
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