Second Kaupthing CEO wanted by Interpol

clock

Interpol has issued an international arrest warrant for former Icelandic bank chief Sigurdur Einarsson.

Einarsson, who ran the collapsed Kaupthing's bank, told prosecutors he is willing to return to assist the police with their enquiries on condition he is not arrested on arrival. The bank's former co-chief executive Hreidar Mar Sigurdsson remains in police custody, following his arrest last week on suspicion of several offences including embezzlement, falsifying documents and stock and bond trading violations. Iceland's special prosecutor is currently investigating in excess of 20 cases of potential criminal activity connected to Kaupthing and the country's other collapsed banks. Ka...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Adviser guide aims to 'demystify' Consumer Duty annual reporting

Adviser guide aims to 'demystify' Consumer Duty annual reporting

Firms to produce first annual Consumer Duty board report

Sahar Nazir
clock 02 May 2024 • 1 min read
Behavioural coaching a 'tough sell' among prospective clients

Behavioural coaching a 'tough sell' among prospective clients

‘Clients overlook major sources of value from advisers’

Isabel Baxter
clock 02 May 2024 • 1 min read
How fuzzy personal boundaries can lead to professional misconduct

How fuzzy personal boundaries can lead to professional misconduct

Make ethics reviews part of regular team training and development

Philippa Hann and Moira Somers
clock 02 May 2024 • 4 min read