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

Iceland's Ex-Premier Defends Innocence in 2008 Crisis

Iceland's former Prime Minister Geir H. Haarde defended his role in the 2008 implosion of the island's financial system after a parliamentary committee recommended he be indicted for "violations" of his duties. . .

The committee of nine lawmakers was appointed in April after a separate commission investigating the causes of the 2008 crisis found that the government, central bank and financial regulator had all been "negligent" in their failure to address some of the factors that exacerbated the collapse. . .

A special prosecutor appointed to investigate the banking collapse is still probing the three lender' records. Three Kaupthing executives were arrested in May and released after spending as long as 12 days in solitary confinement.  . .

The committee also found that Haarde should be indicted because he failed to ensure that Landsbanki created a U.K. subsidiary when selling its Internet Icesave accounts there -- a measure that would have forced the British government to cover depositor claims, it said.  Bloomberg Buisness Week
Mon, 13 Sep 2010
article reprinted on [Quantum Future Group, ISA] website - 18-Sep-10.