Isolated case?

There has been a debate on whether or not high-ranked employees of the banks that collapsed are the right people to be in charge of the new banks that were built on their ruins.

The argument goes that they are in positions to hide or destroy evidence that could possibly be incriminating of themselves or former management. That they are also in positions to take advantage of the situation.

Which seems to have happened in Landabankinn where a now former employee transferred 100 million ISK to a foreign account shortly after the collapse of the bank.

The new management has sent the case to the police for investigation.

That should probably be an isolated incident, right?

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1 Response to “Isolated case?”


  1. 1 Roy December 11, 2008 at 6:52 pm

    This a great country for criminals and it doesn´t matter whether the crime is white collar, blue collar or no collar. Rape,robbery, child molesting,embezzlement are all treated more or less equally in that a sentence of more that 5 years for any of these offenses is the exception rather than the rule. Ya gotta love it!


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