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Sanity Claws

(21,850 posts)
Fri Apr 8, 2016, 01:35 PM Apr 2016

Iceland 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
I hope we don't release our banksters from jail. lagomorph777 Apr 2016 #1
Bush INC. was not held accountable, nor were bankers Skittles Apr 2016 #2
It's supposedly to do with a law passed last month blogslut Apr 2016 #3
Thanks for answering my question Sanity Claws Apr 2016 #4

blogslut

(38,006 posts)
3. It's supposedly to do with a law passed last month
Fri Apr 8, 2016, 03:29 PM
Apr 2016
http://icelandreview.com/news/2016/04/07/jailed-bankers-released-after-change-law

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 prisoner’s 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.
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