The domestic assets of Icelandic tycoon Jon Asgeir Johannesson are still frozen, despite the Director of Customs having retracted an asset freezing request. The Reykjavik District Commissioner froze the assets upon request from the Glitnir Bank resolution committee.
Glitnir took the decision to pursue Jon Asgeir Johannesson, Palmi Jonsson and Larus Welding just before Easter. Johannesson and Jonsson are accused of abusing their position as some of the bank’s biggest shareholders in order to gain personal profit of around ISK 2 billion. Welding is accused of mismanagement.
The resolution committee is seeking ISK 6 billion (USD 46.8 million) in compensation for the bankrupt Glitnir Bank from the three men, Visir.is reports.
The bank is pursuing the men through courts in Reykjavik, New York and London.








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