One of the biggest operations of the Icelandic special prosecutor into the banking collapse took place this week in Luxembourg.
Special Prosecutor Olafur Thor Hauksson’s team has, among others, been involved in searching the premises of Kaupthing Luxembourg.
The investigation centres on trade in Kaupthing shares, as well as debt insurance.
As well as being one of the Special Prosecutor’s biggest operations to date, it is also thought to be one of Luxembourg’s biggest financial investigations to date.
Hauksson took a five person team to Luxembourg on Sunday and worked personally on the investigation with local police. House searches began on Tuesday and included the five Icelanders and 40 Luxembourg police officers. Two buildings formerly used by Kaupthing were raided and questioning only came to a close last night.
Hauksson would not tell RUV how many people have been questioned this week or their identities; but confirmed that most of them live in Luxembourg. He also emphasised how helpful and professional he has found the police in Luxembourg.
