Criminal activity
Björgólfur Thor and the political game.
Björgólfur Thor is using his website to discredit everyone else and by doing so he can be seen as an innocent victim just as the regular Icelander can. He is a man of the people apparently (sarcasm intended). What is most striking about this website and all the material on it is that it... »
Björgólfur Thor and the media
Björgólfur Thor just opened up a website depicting all his Icelandic business deals. This website is very limited since it does not answer the big questions, such as what happened in Russia? Why did he not pay for Landsbanki with the massive profits he got from the brewery? and so on. The media here in... »
The shroud has officially fallen. The Black Report.
So what is in the “Black Report”? English summary of the report is here. In very short, the report is massive, but in this first hour of its release this is it so far. The banks gave their owners far to much loans and the banks worked for the biggest shareholders (owners and their friends) and ignored... »
and so it begins… Defence Wars II
Monday 12th of April. A historic day. The day the “black report” comes out. The report is over 2000 pages and has taken about a year to write. So far things have been building up to it in the minds of the public and in the minds of those mentioned in the report. The public: Look... »
“The secret investors” of Iceland
After the economic collapse here in Iceland, the words of today are transparency and openness. This has not always been so here. The more secret things were, the more personal deals were, the less paperwork or paper trail left behind to show who did what and why the better the deal according to those involved.... »
Green energy up for grabs in Iceland
There are news about major international companies using bribes and local corruption to get deals and to “smooth things” so they can get their plans going. Iceland Talks reported about the Daimler Benz bribery case here. Today there is a story about the aluminium giant Rio Tinto Alcan who owns the Alcan Iceland Ltd.... »
Is corruption an accepted norm in Icelandic politics?
Taboo is the word for it. Bribes and corruption is a part of business all over the world. One has to bribe to get access to service, countries, people and to get ensure that one gets the business deal everyone wants. There is no such thing as fair and just in the world today, despite... »
Tchenguiz brothers, Serious Fraud Office and Kaupthing
The company Investec Trust Limited, registered on the island of Guernsey does a 127 billion ISK demand, or damages claim to the Kaupthing estate. Another company called Euro Investments Overseas registered on the Virgin Island of Tortola (the fund is owned by The Tchenguiz Family Trust) does a similar demand, but for 317 billion... »