In Iceland four former bank chiefs have been jailed for fraud - the
sentences go as far as five years behind bars. They're accused of
concealing that a Qatari investor bought a stake in their firm, using
cash lent from the bank itself - illegally. The deal took place just
ahead of the collapse of the bank due to huge debts. RT talks to
economic expert Charlie McGrath, founder of news website Wide Awake News
about Iceland's economy.
No comments:
Post a Comment