More Icelandic Bankers Arrested


Iceland’s special prosecutor into the banking crisis has confirmed that raids have taken place today and that arrests have been made. The Central Bank of Iceland is among the institutions under investigation.

Special Prosecutor, Olafur Thor Hauksson told that house searches are taking place in at least three places today as part of investigations into the central bank, MP Bank and Straumur Bank.

Stefan Johann Stefansson at the central bank confirmed that agents were in the building conducting searches; and it has also been confirmed that searches are underway at MP Bank and ALMC (formerly Straumur).

An ALMC spokesman said that the premises are indeed being searched and that the bank’s staff members are doing their best to help.

In other news, four people have so far been arrested today in connection with the special prosecutor’s investigation into Landsbanki…

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2 Comments on "More Icelandic Bankers Arrested"

  1. charlieprimero | Jul 2, 2012 at 8:32 am |

    Why are you posting news from a year and a half ago?

  2. uk lia stream isnt reporting much about jailing bankers due to the city of london being head deep in the engineered financial collapse

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