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Estimates that over 11 Billion Have Been Lost in the Sale of Íslandsbanki
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Sigurður Þórðarson, former acting auditor general, questions whether the interests of the state treasury were fully secured in the sale of Íslandsbanki in May. This is stated in his submitted article in Morgunblaðið today. A total of about 45% of the state's share in Íslandsbanki was sold in an open auction in May. The vast majority of the sale went to the public, with over 31 thousand people buying shares in the bank at a price of ISK 106.56 pe…
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