8/3/2019 Iceland gets in jail four bankers to take "inappropriate loans"

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Iceland gets in jail four bankers to take "prstamosinapropiados" Iceland bankersdemand and put them in jail, after seeking responsible for the financial meltdownMore than a year and a half after the bankruptcy of major banks in Iceland, which nearly sank the economy of the country, police have begun arresting some of the principal bankers, while other former executives and owners face lawsuits twobillion dollars.

Since the collapse of the three largest banks in Iceland, Kaupthing, Landsbankiand Glitnir, in late 2008, its former directors and owners have experienced virtually no problems abroad.However, the publication of a parliamentary inquiry into the economic and financial crisis on the island-nation of last May, took a turn for the situation, blaming the decline mainly to former directors and bank leaders , to take inappropriate Loans for the banks they worked.The directors of the liquidation of the bank Glitnir has announced the filing ofa complaint of 2.000 million (1.600 million), before a court in New York, against its former principal shareholders and directors charged with fraud.According to Glitnir, the charge is Jon Asgeir Johannesson against, which was its largest shareholder, Larus Welding, Glitnir's former director, Thorstein Jonss

on, its former chairman and other directors, shareholders and partners Johannesson, accused of embezzlement and illegal more than 2.000 million dollars from thebank .The bank also said that was acting against PricewaterhouseCoopers (PwC), its former auditors, have facilitated and helped conceal fraudulent transactions planned by Johannesson and his associates, which led the bank into bankruptcy in October 2008 .As the demand for Glitnir, filed in the Supreme Court of New York, most of the bank's problems were due to Johannesson and his associates, who conspired to systematically loot Glitnir bank in order to save their own distressed companies .Johannesson, the late former owner Baugur investment group with stakes in several retail chains like Hamleys, Debenhams and House of Fraser, said he was stunnedby the lawsuit.

distortions and nonsense are incredible demand , told the news site Press.In this case, the directors of Glitnir can be sentenced to 10 years in prison for misuse of American courts he said.In addition to filing suit in New York, said he had Glitnir Get the freezing of assets worldwide Johannsson, including two select apartments in the exclusive neighborhood of Gramercy Park in Manhattan, for which he paid $ 25 million approximately .Four former directors of Kaupthing, Luxembourg residents have been arrested in Iceland and Interpol has issued an international arrest warrant for former chairman Sigurdur Einarsson, 49-year-old from London who said that no intention of traveling to Iceland to get arrested, and that will test their rights in Britain and will not return voluntarily .