06.02.2013 - 16:53 [ IceNews ]

Former Glitnir Bank head indicted in Reykjavik

The former boss of Glitnir Bank has been formally indicted for tax evasion, Icelandic officials announced on Monday 4 February. Charges against Bjarni Armannsson, who resigned as the failed lender’s chief executive in 2007 prior to the country’s banking collapse, were officially filed on 17 December, according to a Bloomberg report issued on Monday.