Iceland's special prosecutor speaks.
Iceland's special prosecutor Olafur Thor Hauksson, who's investigating suspicions of fraud in the banking sector, says cases will be brought 'within a year.'
The story of Iceland's banks is not just about poor lending practices and a banking sector which had hugely outgrown the country's actual size. Many Icelanders feel there must have been something else behind the huge collapse. Earlier this year, the prime minister appointed a special prosecutor to investigate suspicions about the faking of loans and the ramping up of bank share prices. Olafur Thor Hauksson is the man; he was courted for the job when no one else applied for it. His background is as a small-town police chief with no experience of high finance. Asked when cases may come to court, he tells Business Daily 'within a year'.
Last on
More episodes
Previous
Next
Broadcasts
- Wed 11 Nov 2009 08:32GMT大象传媒 World Service Online
- Wed 11 Nov 2009 19:40GMT大象传媒 World Service Online
- Thu 12 Nov 2009 02:40GMT大象传媒 World Service Online
Podcast
-
Business Daily
The daily drama of money and work from the 大象传媒.