Loans of Former Iceland’s Landsbanki CEO Investigated

The Landsbanki (NBI) board of directors met on Thursday to discuss high loans granted to the bank’s former CEO Sigurjón Th. Árnason on November 21, 2008. Gunnar Vidar, head of the bank’s legal division, said the bank’s internal accountancy will prepare a report on the loan and then send it to the Financial Supervisory Authority (FME).

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