Iceland Considers Charges in Nation’s Banking Collapse

By BLOOMBERG NEWS


Iceland’s Parliament will consider whether to charge the country’s leaders in 2008 with negligence in connection with the nation’s banking collapse, after a committee recommended on Saturday that they be indicted.

A parliamentary committee will ask the full legislature to indict former Prime Minister Geir H. Haarde, former Foreign Minister Ingibjorg Solrun Gisladottir, former Finance Minister Arni M. Mathiesen and former Business Minister Bjorgvin G. Sigurdsson, according to a written motion delivered to lawmakers on Saturday. Should Parliament vote in favor of indictment, it would be the first time a special court created in 1905 to oversee such cases would be convened.

Continue:
http://www.nytimes.com/2010/09/12/business/global/12iceland.html?_r...

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