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You are here: MacNN Forums > Community > MacNN Lounge > Political/War Lounge > Abuse of anti-terrorism laws

Abuse of anti-terrorism laws
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Sayf-Allah
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Join Date: Aug 2006
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Oct 9, 2008, 07:00 AM
 
Good to know that our anti-terrorism laws aren't abused......

"Lawyers said the Treasury's unprecedented use of anti-terror powers to freeze Landsbanki's estimated Ā£4bn UK financial assets could create knock-on problems for other institutions with which the failed lender was doing business.

The freezing order was issued under the 2001 Anti-Terrorism, Crime and Security Act that was passed after the September 11 attacks the same year."

http://www.ft.com/cms/s/0/f86a290a-9...nclick_check=1

Does anyone know how this can be OK?

Are Icelandic banks Teh New Terroristsā„¢?

"Learn to swim"
     
Taliesin
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Join Date: Apr 2001
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Oct 9, 2008, 07:53 AM
 
Originally Posted by Sayf-Allah View Post
Good to know that our anti-terrorism laws aren't abused......

aren't abused =! don't get abused.

By the way, is it true that Iceland declared its state to be bankrupt?

And if yes, what does that mean?

Taliesin
     
Eug
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Join Date: Dec 2000
Location: Caught in a web of deceit.
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Oct 9, 2008, 12:18 PM
 
Well, perhaps the use of that law may not be the most appropriate, but neither was Iceland's sudden freezing of all UK assets in their banks.

ie. The reason they did this was in direct response to Icelandic banks' decision to keep over 4 billion pounds of deposits from the UK.
     
   
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