The court case against Geir H. Haarde, the former Prime Minister of Iceland, has begun in Reykjavík this morning after a succession of challenges aiming to cancel the case before it started.
Posted on 05 March 2012.
The court case against Geir H. Haarde, the former Prime Minister of Iceland, has begun in Reykjavík this morning after a succession of challenges aiming to cancel the case before it started.
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Posted on 04 March 2012.
It has been revealed that the Icelandic police used listening devices and telephone tapping in their investigation into the actions of banking executives.
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Posted on 22 February 2012.
Iceland’s special prosecutor into the banking crash is pressing charges against four former top executives at the now-defunct Kaupþing Bank. The charges relate to market manipulation in co-operation with a Qatari sheikh in the autumn of 2008.
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Posted on 29 December 2011.
It has been revealed that just before Christmas Iceland’s special prosecutor brought charges against five people accused of tax evasion in their work lives.
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Posted on 13 December 2011.
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.
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Posted on 06 December 2011.
Iceland’s Arion Bank says it is preparing to turn to international credit markets with a bond issue within the next 12 months. Arion has never issued bonds before and is the state-created successor to Kaupþing, which went bankrupt in 2008.
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Posted on 23 November 2011.
The estate of Iceland’s defunct Glitnir Bank has paid back all its debts to the Central Bank of Luxembourg, two years ahead of schedule.
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Posted on 03 November 2011.
Ingvar Vilhjalmsson, the former director of the market trade division at Iceland’s (now bankrupt) Kaupthing Bank, now needs to repay the bank’s estate around ISK 2.6 billion (EUR 16.36 million) in loans which had effectively been written off.
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