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Tag Archive | "olafur thor hauksson"

Iceland Special Prosecutor brings criminal charges against former Glitnir Bank CEO


Ólafur Þór Hauksson

Iceland’s Special Prosecutor into the banking crash has formally charged Lárus Welding, the former CEO of now-bankrupt Glitnir Bank. Charges were also brought against another banker, Guðmundur Hjaltason. Read the full story

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Money laundering at old Icelandic banks under investigation


Work on the case against bankrupt Glitnir Bank is going well, according to Iceland’s special prosecutor; who says that 134 people have been questioned in the last six days. Read the full story

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Glitnir Bank chiefs held in Iceland embezzlement investigation


Ólafur Þór Hauksson

Lárus Welding, the former CEO of now-defunct Icelandic bank Glitnir, is one of three people arrested and remand in custody yesterday as part of the Special Prosecutor’s investigation into Glitnir’s working methods before the 2008 banking crash. Read the full story

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First Iceland bank crash prison sentence handed down


Reykjavik District Court has today passed sentence on the first case by the special prosecutor into the banking crash. Baldur Gudlaugsson has been sentenced to two years in prison for insider trading. Read the full story

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Nearly 500 questioned by Iceland bank crash investigators


The total number of people who have been formally questioned by the office of Iceland’s special prosecutor into the banking crisis now stands at 471. Read the full story

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Over 100 under investigation in Iceland bank crash probe


Iceland’s Special Prosecutor into the banking crisis says that well over a hundred people are being investigated by his office. Read the full story

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Icelandic prosecutor conducts wave of raids in Glitnir case


“This is one of the very biggest that we have gone into,” says Iceland’s Special Prosecutor into the banking crisis, Olafur Thor Hauksson about a large series of raids yesterday. Read the full story

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Iceland’s FME brings case against Landsbanki to prosecutor


Iceland’s FME financial regulator has has sent a case to the special prosecutor into the banking crash. The case revolves around the former managers of Landsbanki and their alleged misuse of the open market. Read the full story

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Investigation into Kaupthing collapse hindered in Luxembourg


19 companies and the Banque Havilland bank have spoken out against the handing over of sensitive information from the Luxembourg-based bank to Iceland’s special prosecutor into the banking collapse. The office of Olafur Thor Hauksson wants the information in connection with its investigation into Kaupthing. Read the full story

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Joly and Hauksson get their way


olafur-thor-littleAround 90 people will be working for the office Iceland’s special prosecutor into the banking crisis, Olafur Thor Hauksson, by this autumn. That will be nearly double the current staff. Read the full story

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