According to the report of the English accounting company Chartered institute of Public Finance & Accounting CIPFA could the balances of the account in the Icelandic banks in England be repaid in most parts of completely. In the report is a suggestion of repayment of the balances in a few steps, the last in December 2012. This was reported in the English media yesterday and also a quotation in RUV noon news.

CIPFAthinks that the balance owners of Landsbanki should be able to get 90% paid back and may expected that the same is about the Icesave accounts.

There are many examples of that politicians and even ministers from the government of Iceland, individuals related to them and representatives of pension funds had received unusual loans in the banking system. This was called a "special deal".

The newsroom has sources for that before the bank collapse had various politicians even ministers from the government, received unusual loans from the old commercial banks. In this group were persons related to the politicians and representatives of pension funds.

The bankrupt estate of Samson holdings has sued the old Kaupthing because of 520 million krona deposit that the company had in the bank, but Kaupthing thought it was authorized to even out the balance because of a claim on the bankrupt estate. The estate has also declared claims in the bankrupt estate of Landsbanki Luxembourg, because of 11,5 million euro balance Samson had there.

The memo from the Central Bank of Iceland after a staff meeting of the bank with the bankers in London in February has been made public. As says amongst other in the article: 

"It is clear that the Icelandic banks, Kaupthing and Glitnir especially, have put themselves and what is worst, the Icelandic financial life, in grave danger, even in complete impasse, with the irresponsible proceeding during the past years.

"I started off going to Landsbanki where I withdrew my holiday pay and was going to pay surcharge," says the twenty years old Finnur Torfi Thorgeirsson who was going to use his chance of going to Manitoba in Canada and work there during the depression.

There was a problem with that on the other hand when he intended to pay the surcharge that has to be paid if Icelanders are to get a work permit in Canada. He got the answers in Landsbanki that it is not possible, it would be best for him to check exactly how the surcharge was to be paid.

The Switzerland government have informed that it may take some time to lift the bank secrecy in Switzerland, which was promised last week. They say that legislations need to be changed and in this case it is possible that it may take a few years.

The so called tax havens have been attacked greatly lately in relations to the global financial crisis. Many nations like America, Germany, England and others have put pressure on the nations that are considered to be tax havens to give the tax authorities access to information about the owners of bank accounts.

In the last few years have been many incidents in the Icelandic business life where the three banks who have collapsed, Glitnir, Landsbanki and Kaupthing, lent their clients funds to purchase shares in the lending bank.

Finn Ostrup, professor of law at the Copenhagen Business School (CBS) said in Morgunbladid on Saturday that he sees it so that loans from the Danish banks to buy shares in the banks themselves are violations of the Danish law. This was amongst other the topic in a documentary in the Danish national television on March 4th, where the bankruptcy of Roskilde bank was covered in detail.