Iceland ex-PM faces possible charges over banking crisis


Iceland ex-PM faces possible charges in meltdown

By GUDJON HELGASON and PAISLEY DODDS (AP) – 20 hours ago

REYKJAVIK, Iceland — Iceland’s former Prime Minister Geir Haarde has been referred to a special court in a move that could make him the first world leader to be charged in connection with the global financial crisis.

After a heated debate Tuesday, lawmakers voted 33-30 to refer charges to the court against Haarde for allegedly failing to prevent Iceland’s 2008 financial crash — a crisis that sparked protests, toppled the government and brought the economy to a standstill by collapsing its currency.

Haarde faces up to two years in jail if found guilty. The court, which could dismiss the charges, has never before convened in Iceland’s history. A hearing date has not yet been set.

Read more at: http://www.google.com/hostednews/ap/article/ALeqM5jjeZaZ9g25ZHvuXxNs1nslEgeWPwD9IH607O1?docId=D9IH607O1

One Response to Iceland ex-PM faces possible charges over banking crisis

  1. [...] Iceland ex-PM faces possible charges over banking crisis Jane Burgermeister |  URL: http://wp.me/puNtl-Kv [...]

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