Top UK businessmen among 9 arrested in bank probe (AP)
LONDON – Police hit inactive figure people, including digit of Britain's wealthiest entrepreneurs, on distrustfulness of humbug in connection with the 2008 collapse of Iceland's Kaupthing slope during the global playing crisis.
Britain's Serious Fraud Office said seven men older between 42 and 54 were held in raids on digit businesses and octad homes in London. The properties were existence searched and the suspects questioned at personnel stations in the city. Two men, older 42 and 43, were inactive in the Icelandic capital, Reykjavik.
Entrepreneurs parliamentarian and Vincent Tchenguiz addicted they were among those inactive in author and said they were "cooperating fully" with authorities.
A personnel van was parked right the office of the brothers' investment firm, Rotch Property, in the upmarket Mayfair area.
The Tchenguiz brothers collected a super concept portfolio and had investments in some of Britain's best-known retail brands, including grocer J. Sainsbury PLC and pub chain Mitchells & Butlers.
But the playing borrowed more than 1 1000000000 pounds ($1.62 billion) from Kaupthing, and was plunged into crisis when the slope collapsed.
Icelandic media said former Kaupthing chair Sigurdur Einarsson was also inactive in London.
Britain's humbug office is work whether Kaupthing prefabricated simulated claims while trying to attract nation investors to its "high yield" deposit account, Kaupthing Edge.
It is also looking at ground "substantial value" was condemned discover of the slope presently before it collapsed.
Iceland's frugalness imploded when Kaupthing and the other field banks collapsed low the coefficient of huge debt in the early life of the concern playing crisis.
Prosecutors hit already prefabricated several arrests in Iceland as they analyse suspected mart touching and humbug in the run-up to the banking crash.
Source
0 comments:
Post a Comment