Throngs of unanswered questions and intense
circulation of rumours surround the Magma
Energy deal. Halldór J. Kristjánsson and Finnur
Ingólfsson (there’s a name that should ring a
bell for those familiar with Icelandic corruption
and shady deals) are thought to be involved,
and some even suspect Ross Beaty of just being
the face of a company being run by Icelandic
banksters-cum-green energy enthusiasts, all of
which feed the fears of the general public that
could be calmed through widespread corporate
transparency.
Daði Rafnsson, author of the popular
Economic Disaster Area blog, while adamant
that transparency is the means by which Iceland
can rebuild itself as a nation and avoid suspicion,
said, “I think it’s going to be really hard. For
business here we’re always going to run into
situations of knowing somebody on the other
side of the table, but too often the same people
are on both sides of the table, that seems to be a
reoccurring theme. It’s hard to not be connected
in some way but people should know about it.
That will go a long way in educating people on
who to vote for, who to not vote for, who to trust.”
Throngs of unanswered questions and intense circulation of rumours surround the Magma Energy deal. Halldór J. Kristjánsson and Finnur Ingólfsson (there’s a name that should ring a bell for those familiar with Icelandic corruption and shady deals) are thought to be involved, and some even suspect Ross Beaty of just being the face of a company being run by Icelandic banksters-cum-green energy enthusiasts, all of which feed the fears of the general public that could be calmed through widespread corporate transparency.
Daði Rafnsson, author of the popular Economic Disaster Area blog, while adamant that transparency is the means by which Iceland can rebuild itself as a nation and avoid suspicion, said, “I think it’s going to be really hard. For business here we’re always going to run into situations of knowing somebody on the other side of the table, but too often the same people are on both sides of the table, that seems to be a reoccurring theme. It’s hard to not be connected in some way but people should know about it. That will go a long way in educating people on who to vote for, who to not vote for, who to trust.”
Related posts:
- Reykjavik Energy Believes ISK Will Weaken More In Seven Years
- Iceland In Turmoil And Magma Energy: Something Rotten By AK72
- Can Geothermal Power in Iceland Thaw a Frozen Economy?
- Halldor J. Kristjansson In Canada
- The grapevine
October 18th, 2009 → 11:17 am @ Dadi
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