PPVRA
Topic Author
Posts: 7878
Joined: Fri Nov 12, 2004 7:48 am

UK:Iceland Bank Freeze 'used Anti-terror Laws'

Tue Oct 14, 2008 3:38 pm



Quote:
Iceland bank freeze 'used anti-terror laws'
Thursday, 09 Oct 2008 13:59

The UK government implemented anti-terror laws to freeze the estimated £4 billion worth of British financial assets in a failed Icelandic bank, it has been revealed.

The freezing order against Landsbanki, which owns failed internet bank Icesave, was issued under the 2001 Anti-Terrorism, Crime and Security Act.

http://www.politics.co.uk/news/opini...sed-anti-terror-laws--$1244102.htm

Well, some people did warn about these things, didn't they? At the time (2001) I didn't think much about them but looks like they were right. Governments and "emergencies" and "security" blankets. . . jeez.
"If goods do not cross borders, soldiers will" - Frederic Bastiat
 
Pyrex
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RE: UK:Iceland Bank Freeze 'used Anti-terror Laws'

Tue Oct 14, 2008 3:48 pm

I always knew those Icelandic people were up to no good. Damn Vikings!
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baroque
Posts: 12302
Joined: Thu Apr 27, 2006 2:15 pm

RE: UK:Iceland Bank Freeze 'used Anti-terror Laws'

Tue Oct 14, 2008 4:02 pm



Quoting PPVRA (Thread starter):
Well, some people did warn about these things, didn't they? At the time (2001) I didn't think much about them but looks like they were right. Governments and "emergencies" and "security" blankets. . . jeez.

Yes, interesting move. I wonder which laws they will use to confiscate any funds - proceeds of drug crime?? Any other offers.

Seems strange. But then it follows the pattern after the attacks on NY. I mean Australia asked the Indonesians to charge the Bali bombers under a terrorism law they DID NOT HAVE, rather than the perfectly good murder law they have had for a very long time. Some sort of collective madness. In the case of the Bali bombers, it gave them a number of new lines for appeals.

That my work out for Iceland too - I would assume they would challenge the use of terrorist laws. I am just surprised it too so long for a thread on this topic PPVRA.  bigthumbsup 

Hope some Brits can tell us more of the background, other than the extraordinary Icelandic banking scam - aided and abetted by so many others! Could it be that it is a preliminary to locking up half the city as economic terrorists. Would be justified.

I mean these guys are doing so much more damage than OBL ever dreamed of. And I assume he is still sitting in his cave/luxury hotel, taking notes!!!!
 
aircatalonia
Posts: 523
Joined: Wed Nov 28, 2007 12:50 pm

RE: UK:Iceland Bank Freeze 'used Anti-terror Laws'

Tue Oct 14, 2008 4:30 pm

How can you freeze a bank called Icesave? They are frozen already!  Wink
 
seansasLCY
Posts: 714
Joined: Mon Mar 19, 2007 5:25 am

RE: UK:Iceland Bank Freeze 'used Anti-terror Laws'

Wed Oct 15, 2008 9:51 pm

This is exactly the reason the people of the UK should reject ID cards and 42 days detention. We are told it is to stop terrorists then its used for completely seperate reasons.
 
Baexecutive
Posts: 594
Joined: Fri Jul 01, 2005 9:29 pm

RE: UK:Iceland Bank Freeze 'used Anti-terror Laws'

Wed Oct 15, 2008 11:01 pm

Yes certain aspects of legislation relating to 'anti-terrosism' laws were used in this case as a threat the the UK's economic stability was identified, this is entirely justifiable both legally and morally.
 
Asturias
Posts: 1953
Joined: Wed Apr 05, 2006 5:32 am

RE: UK:Iceland Bank Freeze 'used Anti-terror Laws'

Thu Oct 16, 2008 3:41 am



Quoting Baexecutive (Reply 5):
Yes certain aspects of legislation relating to 'anti-terrosism' laws were used in this case as a threat the the UK's economic stability was identified, this is entirely justifiable both legally and morally.

When the laws themselves were created to combat terrorism in a post 9/11 world. Those laws were to freeze the assets of terrorist financiers, now they're used in no such way.

Take any law passed then to combat terrorism and apply it to anything else.

This is poor use of the laws by the executive branch in the UK - at best. At worst it is an abuse which will serve as a precedence for further abuse against non-terrorists in the future. Both with this law and other laws made "to combat terrorism".

So legally the application of those laws are in a grey area, but morally there is no excuse to use them this way.

asturias
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