During the bankruptcy proceedings of Samson, a holding company that was owned by tycoon father and son Björgólfur Gudmundsson and Björgólfur Thor Björgólfsson, through which they held their majority share in Landsbanki, it has turned out that the company’s book-keeping was full of glitches.

Loan agreements are lacking in the case of many high transactions, including to four offshore companies in Tortola, worth ISK 800 million (USD 6.4 million, EUR 4.4 million) in total, Stöd 2 reports.  13-Jan-10.

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