Icelandic fishing giant Samherji is standing firmly by its denial that the company's management ever intended for any subsidiary to engage in wrongful activity, including bribery or money laundering.

Its denial follows the recent delivery to the company of an investigative report from international law firm Wikborg Rein's relating to the so-called "cash for quotas" scandal allegations directed against the company's operations in Namibia.

The findings of the report, however, have not yet been made public.

The report was delivered to the Samherji board after eight months of investigation by Wikborg Rein, during which time the law firm uploaded and analyzed more than a million documents.