The winding-up committee of Landsbanki is now in the final stages of preparing a number of cases against former management and the owners according to Morgunbladid. The amount that the board asks for as reimbursement amounts to 0.75 billon USD (90 billion ISK). The board also asks for eight billion ISK insurance payment, because of criminal activity on behalf of the former management of the bank.

The winding-up committee last summer hired a team of specialists from Deloitte in Britain to investigate the bank before the October 2008 crash. Herdís Hallmarsdóttir, who is on the winding-up committee says that the investigation is making good progress, but is not yet finished. . . .

Two of the three former owners of Landsbanki, Björgólfur Gudmundsson and Magnús Thorsteinsson are now legally bankrupt. The third owner, Björgólfur Thor Björgólfsson, is still liquid. The CEOs of the bank were Sigurjón Árnason and Halldór J. Kristjánsson.  15-May-10.

http://www.icelandreview.com/icelandreview/daily_news/?cat_id=16567&ew_0_a_id=362355