Posted on 19 August 2010. Tags: Iceland, Kaupthing, kaupþing, kreppa, Sigurdur Einarsson
Sigurdur Einarsson, the former head of the board at Iceland’s Kaupthing Bank, is today being interviewed by the Special Prosecutor into the banking crisis. He is at the prosecutor’s Reykjavik office along with his lawyer, Gestur Jonsson. Read the full story
Posted in Business, General, Iceland, MBL, Politics
Posted on 14 June 2010. Tags: banks, deutsche bank, Glitnir, Iceland, ireland, Kaupthing, royal bank of scotland
The biggest single claimant on the estate of Glitnir Bank is Burlington Loan Management from Ireland. The company is also among the biggest claimants at Kaupthing and is seeking roughly ISK 220 billion (USD 1.7 billion). Read the full story
Posted in Business, General, Iceland, International, MBL, Politics
Posted on 08 June 2010. Tags: al thani, Iceland, Kaupthing, sheikh
Kaupthing Bank’s relations with foreign investors are being investigated in Iceland and the UK – especially Sheikh Hamad bin Khalifa Al Thani’s “purchase” of a five percent stake in the bank in the lead up to its collapse. Read the full story
Posted in Business, General, Iceland, MBL, Politics
Posted on 20 May 2010. Tags: banking, Iceland, Kaupthing
The Supreme Court of Iceland today imposed a travel ban on former Kaupthing Iceland president Ingolfur Helgason and on Hreidar Mar Sigurdsson, the bank’s former director. They may not leave Iceland until the 28th May.
Two other former Kaupthing employees are also forbidden from leaving the country: Steingrimur P. Karason,former head of risk management and Magnus Gudmundsson, former head of Kaupthing Luxembourg.
Posted in Business, General, Iceland
Posted on 20 May 2010. Tags: gold, Kaupthing, max keiser, russia today, Sigurdur Einarsson
Television personality Max Keiser is personally promising a reward for finding former Kaupthing Chairman, Sigurdur Einarsson, who is wanted by Interpol. The Supreme Court of Iceland has rejected Einarsson’s plea to have the arrest warrant nullified. Read the full story
Posted in General, Iceland, International, MBL
Posted on 12 May 2010. Tags: banking, Iceland, Kaupthing, London, UK
The former Chairman of Kaupthing Bank, Sigurdur Einarsson, is now on the wanted list of the international police co-operation bureau, Interpol. Read the full story
Posted in Business, General, Iceland, MBL, United Kingdom
Posted on 11 May 2010. Tags: banking, court, Iceland, Kaupthing, olafur thor hauksson
Ingolfur Helgason, the former Director of Kaupthing Iceland, and Steingrimur Karason, former CEO of the bank’s risk management department, were both arrested today upon arriving back in Iceland. They went straight to interrogation with the Special Prosecutor and are being held in police cells. Read the full story
Posted in Business, General, Iceland, MBL, United Kingdom
Posted on 11 May 2010. Tags: court, crime, Iceland, Kaupthing
The Supreme Court of Iceland yesterday evening upheld the decision of the Reykjavik District Court to remand former Kaupthing bosses Hreidar Mar Sigurdsson and Magnus Gudmundsson in custody. Read the full story
Posted in Business, General, Iceland, MBL
Posted on 10 May 2010. Tags: arrests, banking, Iceland, investigation, Kaupthing, kaupþing
Further arrests of former Kaupthing bosses by Iceland’s Special Prosecutor into the banking collapse are considered likely in the near future. Read the full story
Posted in Business, General, Iceland, MBL, Politics, Society
Posted on 09 May 2010. Tags: Iceland, Kaupthing, Politics, special prosecutor
Icelandic Prime Minister, Johanna Sigurdardottir says she feels the Special Prosecutor’s decision to start arresting key banking figures marks a milestone in Iceland’s recovery from the banking crash. Read the full story
Posted in Business, General, Iceland, MBL, Politics, Society