Dutch Authorities Trust Iceland on Icesave - The Reykjavik Grapevine

Dutch Authorities Trust Iceland on Icesave

Published July 3, 2009

Despite the stated intentions of some Dutch Icesave investors to sue
the Icelandic government, Dutch authorities told RÚV that they would
not assist in this effort and have full trust in Icelandic officials.
The Grapevine, among others, reported that some Dutch citizens who lost money in Iceland have threatened to sue the Icelandic government for reparations. Some of them have contended that the Dutch government would be duty-bound to assist them should they file this suit.
 But Johan Barnard, chairman of the Dutch negotiations team of the Icesave deal, told reporters that this is completely wrong, saying that the Dutch government has complete trust in the Icelandic courts to show Dutch depositors fairness, and that Dutch authorities would not involve themselves against any lawsuits against the Icelandic government.
The drafted Icesave deal is still pending parliamentary approval.


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