From Iceland — Wants To Conclude Investigation As Soon As Possible

Wants To Conclude Investigation As Soon As Possible

Published January 26, 2012

The Special Prosecutor believes that the investigation of four men who were arrested in January 2010 must be concluded as soon as possible.
The suspects in question stand accused of fraud exceeding 1 billion ISK. Their assets were consequently frozen, including money they had kept overseas.
RÚV reports that the Supreme Court lifted the assets freezing yesterday, including some 400 million ISK in a Swedish bank account.
Special Prosecutor Ólafur Þór Hauksson told reporters that this is one of the first cases they investigated, adding that while his team have increased their staff, even the oldest investigations remain unresolved.
There are about 20 cases on the desk of the Special Prosecutor, with this one being among the largest. While Ólafur would like to see the matter concluded, he could not give an exact date as to when the investigations would conclude.

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