Bank boss arrests welcomed in Iceland

skjaldamerkiIcelandic Prime Minister, Johanna Sigurdardottir says she feels the Special Prosecutor’s decision to start arresting key banking figures marks a milestone in Iceland’s recovery from the banking crash.

The PM told reporters that she feels Iceland has reached a predetermined crossroads, with Thursday’s arrests beginning the process of forcing the big players in the collapse to shoulder responsibility.

Finance Minister, Steingrimur J. Sigfusson echoed Sigurdardottir’s views, saying he was always sure that prominent arrests would be made and that this should send a message to sceptics that the investigation is in full swing and at the top of the nation’s priorities.

A public poll on suggested that over 96 percent of participants support the arrest on Thursday of Hreidar Mar Sigurdsson, the former CEO of Kaupthing.

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