Posts tagged as:

investigation

Black economy existed within the banks

March 17, 2010

The government called a press conference yesterday to announce that an investigation has been launched into large-scale tax evasion by the [old] Icelandic banks, which apparently had their own “black economy”. Over 1,000 cases are being investigated as it is suspected that hundreds of billions of ISK were funneled past tax authorities. The alleged tax [...]

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How to move money, Icelandic mogul-style

January 4, 2010

Here’s one of those delightful little kreppa stories we just can’t get enough of. Icelandic investor Jón Þorsteinn Jónsson, who holds the legal status of a defendant in the investigation into the bank collapse, was stopped at Keflavík airport on 22 December with a bag full of money. He was en route to the UK [...]

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Eva Joly appointed special adviser to the government

March 10, 2009

Without a doubt the best news of today, and perhaps even of this year*: Eva Joly has been appointed special adviser to the Icelandic government, in the investigation into the economic collapse and related crimes. Anyone who has seen the interview with Joly that I linked to in the last post will understand how immensely [...]

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