Tag Archive | "olafur thor hauksson"

Iceland Special Prosecutor brings criminal charges against former Glitnir Bank CEO

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.

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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.

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Glitnir Bank chiefs held in Iceland embezzlement investigation

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.

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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.

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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.

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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.

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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.

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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.

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