The former boss of Glitnir Bank has been formally indicted for tax evasion, Icelandic officials announced on Monday 4 February. Charges against Bjarni Armannsson, who resigned as the failed lender’s chief executive in 2007 prior to the country’s banking collapse, were officially filed on 17 December, according to a Bloomberg report issued on Monday.
Tag Archive | "Glitnir"
Former Glitnir Bank head indicted in Reykjavik
Posted on 06 February 2013.
Posted in Business, Finance, IcelandComments (0)
Former Baugur head pleads not guilty
Posted on 10 January 2013.
The former head of Icelandic investment group Baugur has pleaded not guilty to fraud charges relating to his actions leading up to the country’s 2008 financial collapse.
Posted in Finance, IcelandComments (1)
Former Glitnir bank heads jailed in Iceland
Posted on 07 January 2013.
Two former bosses from Iceland’s Glitnir bank have been jailed on fraud charges relating to the country’s 2008 banking crash.
Posted in Business, General, Iceland, International, SocietyComments (0)
Iceland president buys Borgarnes distillery
Posted on 24 January 2012.
President and founder of Iceland supermarkets in the UK, Malcolm Walker, has been revealed as the main investor behind the purchase of Catco Vín ehf. in Iceland (the country).
Posted in Business, Featured, Iceland, International, MBL, United KingdomComments (0)
Iceland Special Prosecutor brings criminal charges against former Glitnir Bank CEO
Posted on 19 December 2011.
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.
Posted in Business, Featured, Iceland, MBLComments (1)
Money laundering at old Icelandic banks under investigation
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.
Posted in Business, Featured, General, Iceland, International, MBL, TechnologyComments (0)
Glitnir Bank chiefs held in Iceland embezzlement investigation
Posted on 01 December 2011.
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.
Posted in Business, Featured, General, Iceland, MBLComments (0)
Bankrupt Icelandic bank pays Luxembourg debt
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.
Posted in Business, Featured, General, Iceland, International, MBLComments (0)
