Chairman of Kaupthing board keeping silent

kaupþingSigurdur Einarsson, the former Chair of the Board at Kaupthing Bank, has not answered the Special Prosecutor’s request to return to Iceland quickly in connection with the arrests of two other senior bank fiugures.

No information is available on when Einarsson will return to Iceland.

Einarsson began at the bank in 1994, was its CEO in 1997 and Chiarman of the Board between 2003 and 2008. He is described by some as the architect of Kaupthing’s breakneck expansion. Einarsson has been living in London for a while, reports.

Sigurdur Einarsson has been invited to an interview with the Special Prosecutor next week; but it is not known if he will turn up. Hreidar Mar Sigurdsson and Magnus Gudmundsson were arrested this week immediately following such interviews.

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