Kaupthing executive labelled fraud suspect

The former chief executive of collapsed Icelandic bank Kaupthing has been named by prosecutors as a fraud suspect in an Icelandic market abuse case. Sigurdur Einarsson, residing in London, headed the bank until its failure and nationalisation on October 4 last year.

The fraud investigation relates to the mid-September 2008 purchase of $244 million in Kaupthing shares – a 5.01% stake – by Sheikh Mohammed Bin Khalifa al-Thani, a member of the Qatari royal family.

Financing for the deal reportedly

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here