Further Delays to Iceland Banking Collapse Report? Skip to content

Further Delays to Iceland Banking Collapse Report?

The report on the lead-up to the banking collapse in Iceland of October 2008, undertaken by an investigation committee appointed by Althingi, the Icelandic parliament, might be subject to further delays as the deadline for commenting has been extended by five days.

People protesting outside the Althingi parliament in October 2008. Copyright: Icelandic Photo Agency.

The 12 individuals who received a letter from the committee earlier this month because of their role in the collapse now have until February 24 to submit their comments to the committee, which might cause further delays to the report’s publication, RÚV reports.

The committee released a statement yesterday saying that the date of publication is now unclear as it depends on the extent of comments.

Minister of Finance Steingrímur J. Sigfússon said the date of publication is now so close to the date of the Icesave referendum on March 6 that it is, “unfortunate, to say the least.”

This situation will now be discussed by the leaders of the political parties, Sigfússon said.

Click here to read more about the long-awaited report.

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