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.
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.