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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 wer...

Business, FeaturedDecember 19, 2011
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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 ques...

Business, FeaturedDecember 13, 2011
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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 Sp...

Business, FeaturedDecember 1, 2011
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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 sen...

Business, FeaturedApril 7, 2011
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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...

Business, FeaturedMarch 15, 2011
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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.

Business, FeaturedFebruary 11, 2011
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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 Hau...

Business, FeaturedNovember 17, 2010
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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 mana...

Business, FeaturedOctober 20, 2010
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