Former Icelandic Prime Minister to face charges over banking crash

Iceland’s Althingi parliament voted unanimously (63 votes for, zero against) to endorse the findings of the committee which looked into the so-called black report on the banking crisis. But the four ex-ministers recommended for prosecution by the committee were voted on individually. All MPs were present and voted.

In the first vote, it was confirmed that the Landsdomur high court will be convened for the first time ever to try former Independence Party Prime Minister Geir H. Haarde (33-30).

The second parliamentary vote concluded that former head of the Social Democrats and former Minister for Foreign Affairs, Ingibjorg Solrun Gisladottir will not be brought in front of the court (29-34).

Next, parliament also voted to spare former Minister of Finance for the Independence Party, Arni M. Mathiesen from the Landsdomur (31-32).

Finally, as expected, ex-Social Democrat Minister for Trade and Commerce, Bjorgvin G. Sigurdsson has also been spared (27-35).

This means that only the former PM will have to answer for his alleged misconduct in the lead up to, during and following the banking crisis.

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