Former Icelandic bank executives jailed for fraud

Posted 28/12/2012 - 19:01 by anrigaut

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2012-12-28 (All day)

A Reykjavik court sentenced Glitnir's former chief executive, Larus Welding, and former head of corporate finance, Gudmundur Hjaltason, each to nine months in jail, of which six months were suspended for two years. They had denied the charges.