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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIceland bankers freed from jail
I just came across this article that said the Iceland bankers were freed early from jail and that it's connected to the PM's resignation following revelations in the Panama Papers.
http://www.zerohedge.com/news/2016-04-07/case-closed-icelands-bankers-released-jail-years-early
How reliable is this source? What do you think of the speculation that banks leaked these papers as a warning to politicians?
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Iceland bankers freed from jail (Original Post)
Sanity Claws
Apr 2016
OP
lagomorph777
(30,613 posts)1. I hope we don't release our banksters from jail.
...oh, wait - we don't have any in jail!
Skittles
(153,199 posts)2. Bush INC. was not held accountable, nor were bankers
we were told to LOOK FORWARD
blogslut
(38,018 posts)3. It's supposedly to do with a law passed last month
http://icelandreview.com/news/2016/04/07/jailed-bankers-released-after-change-law
Perhaps the law favors the bankers but a direct connection to the Panama Papers (as the blogger in your OP implies) doesn't seem to exist.
Their early release was made possible by a change in the law which was made this March.
The main part of the law change is to allow prisoners to double the amount of their sentence they serve at home, under electronic surveillance (i.e. tagged). The parliamentary bill was changed in committee to allow five days of electronic monitoring for every month of a prisoners sentence, instead of 2.5 days as it has been. This means that a prisoner sentenced to one year in prison can now spend the last 60 days electronically tagged and in the community, instead of 30 days. The rule change means criminals can now be released earlier from prison.
Alþingi approved the changes last month and the changes to the bill were reportedly rushed through quickly. Sources claim that Unnur Brá Konráðsdóttir, chair of the Alþingi General Committee and MP for the Independence Party, fought hard for the changes to be approved.
Left Green MP Bjarkey Olsen Gunnarsdóttir, told Stundin that she did not feel the change in the law was appropriate at this time; adding that it seems almost to have been created with these three specific prisoners in mind.
The main part of the law change is to allow prisoners to double the amount of their sentence they serve at home, under electronic surveillance (i.e. tagged). The parliamentary bill was changed in committee to allow five days of electronic monitoring for every month of a prisoners sentence, instead of 2.5 days as it has been. This means that a prisoner sentenced to one year in prison can now spend the last 60 days electronically tagged and in the community, instead of 30 days. The rule change means criminals can now be released earlier from prison.
Alþingi approved the changes last month and the changes to the bill were reportedly rushed through quickly. Sources claim that Unnur Brá Konráðsdóttir, chair of the Alþingi General Committee and MP for the Independence Party, fought hard for the changes to be approved.
Left Green MP Bjarkey Olsen Gunnarsdóttir, told Stundin that she did not feel the change in the law was appropriate at this time; adding that it seems almost to have been created with these three specific prisoners in mind.
Perhaps the law favors the bankers but a direct connection to the Panama Papers (as the blogger in your OP implies) doesn't seem to exist.
Sanity Claws
(21,854 posts)4. Thanks for answering my question
I've become very cynical and put on my tin foil hat too readily.