30-Mar-2016: Liquidators' Update, see Deloitte site

Iceland to pay back Icesave cash

The Icelandic parliament has voted in favour of repaying more than $5bn (£3bn) to the governments of the UK and the Netherlands.

The so-called Icesave bill will reimburse funds paid by the governments to compensate those who lost money in the Icelandic online bank Icesave. . .

The deal was agreed in June, but was only passed after an amendment was added setting various limits to the payments.. .

In a statement, the UK Treasury said, "As you would expect, the UK will look carefully at any conditions placed upon the loan to ensure that they are reasonable".  28-Aug-09.