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Yacht Builder Case Goes To Foreign Ministry

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Published August 29, 2012

The case of an Icelandic yacht builder accused of forgery in Dubai has now been taken up by the Ministry of Foreign Affairs.
As reported, the Icelander in question had hoped to start his own yachting company. An Emirati had approached him, offering to sponsor the company if he built him a yacht first. The Icelander complied, but no documents to begin sponsorship ever came.
The Icelander in turn sued the Emirati, and the court found in his favour, awarding him Dh4m [about 130 million ISK]. However, the yacht maker was then charged with forging an official document he had used during the trial. The Icelander is free on bail, having paid the 2 million ISK bond and surrendered his passport.
RÚV now reports that the Ministry of Foreign Affairs has officially taken up the case for processing. With the Icelander’s trial set to begin September 29, the ministry has mere weeks to intervene. Depending on the seriousness of the alleged forgery, the sentence can bring anywhere from a few months to a few years in prison.



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Wants To Raise Taxes On Tourism

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An MP for the Progressive Party wants to raise taxes on hospitality services and reinstate the VAT for businesses in the tourist industry. Karl Garðarsson, posting on his Facebook, expressed objections to a proposal from the Independence Party to raise taxes on food, while “there is no sign that tourism or associated parties will pay their share.” As RÚV points out, in the summer of 2013 the ruling coalition reversed a change to tax law made by the previous government, which raised the taxes on hotel stays from 7% to 14%. This decision prompted the idea of imposing entrance fees

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Anti-Piracy Group Declaring Bankruptcy Due To Embezzlement

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The board of anti-piracy group Smáís wants to declare bankruptcy, brought on by the former director having allegedly embezzled funds out of the company. RÚV reports that Smáís has recently filed bankruptcy papers with Reykjavík District Court. According to their filing, the main reason cited is that the former director of Smáís, Snæbjörn Steingrímsson, had been funneling money out of the company while at the same time falsifying the company’s financial reports. The embezzlement and false accounting allegedly went on for years, giving the board an inaccurate impression of the actual financial state of Smáís. Furthermore, taxes had not been

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State Broadcasting Archives Need Saving

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Iceland’s state broadcasting service, RÚV, needs help in archiving a wealth of audio and video material going back decades. RÚV reports that many of these archived recordings – some of them going back to 1935 – are in a bad state of disrepair. All told, there are some 10,000 albums, 30,000 reels of tape, 10,000 CDs and thousands of videos featuring interviews, plays, music, news and more. Many of these artefacts are in damaged and fragile condition. Hreinn Valdimarsson, a technician at RÚV, believes the state of the archives is due in large part to a lack of interest in

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Bárðarbunga Earthquake Visualization

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An Icelandic computer scientist has created a data visualization showing all of the Bárðarbunga earthquakes measuring over 1.5 on the Richter scale over the last 48 hours. The data used, he explained, is raw data collected from the Icelandic Met Office (it has not been verified by that office), and will help viewers see how the situation is progressing at the volcano. See the whole visualization in motion here.  

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Cat Shelter Packed With Kittens

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Kattholt cat shelter is tightly packed with lots of kittens in need of a home, reports mbl.is. As this is the most romantic time of year for cats, it is the busiest time of year for Kattholt cat shelter, known in English as the Friends of Cats Society of Iceland. “About 500 cats have been brought to Kattholt this year,” said Kattholt employee Halldóra Snorradóttir. “These are lost and homeless cats and the number of cats coming in never goes down… When cats come to us, we first try to track down their owner and if that doesn’t work we try

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Bárðarbunga Volcano Watch: The Morning Edition

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Bárðarbunga volcano continues to rumble but as yet there is no eruption to report, so here is a round up last night’s news. 01:35 – An earthquake measuring 3 or higher on the Richter scale struck the area around Bárðarbunga volcano around 11:30 pm last night, reports RÚV. Since midnight roughly 50 earthquakes have been reported and in total 1000 earthquakes were measured Wednesday. Scientists flying over Bárðarbunga yesterday confirmed that so far there are no changes to the glacial surface of the volcano. 20:56 - Kristján Jónsson, a geologist with the Icelandic Institute of Natural History, has said that although he cannot confirm

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