Iceland to sentence ninth banker found guilty of market manipulation

Posted 07/10/2016 - 10:53 by anrigaut

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2016-10-06 23

Iceland has differed from the rest of Europe and the US by allowing bankers to be prosecuted as criminals

Iceland has found nine senior bankers guilty for crimes relating to the economic meltdown in 2008.

The Supreme Court in Reykjavik returned guilty verdicts for all nine defendants in the Kaupthing Bank market manipulation case, one of the biggest cases of its kind in Iceland's history.