Well if a report on RÚV is to be believed, legislation that will allow authorities to freeze assets in specific cases is being finalized in a parliamentary committee today and will be submitted to Althingi as soon as possible.
Apparently this is being done NOW in response to the tax investigation I blogged about in the last post.
The head of the tax investigation says that assets worth hundreds of millions of ISK have evaporated into thin air during the course of the investigation. The freezing order is set to be applied in dozens of cases.
Now, why this wasn’t done MONTHS ago to seize the assets of the oligarchs is completely beyond me — but then again, the Ways of the Icelandic Legislators are Inscrutable.