Emails Indicate Fraud in Sterling Air Transaction

Emails between the management team at FL-Group seem to indicate that assets sold to Northern Travel Holding (NTH) at year end 2006 were overvalued on purpose to deceive stakeholders about the real condition of the companies involved in the transactions. Among the assets being transferred were the Danish budget airline Sterling and Iceland Express.

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Murder Case: Young Man Confesses

On Saturday the state prosecutor was informed that the murder case of Hannes Thór Helgason is now considered closed. A 23 year old man, Gunnar Rúnar Sigurthórsson, has confessed that he is the killer. Evidence at the murder scene and blood stains on the shoes of the suspect lead the police to arrest the suspect.

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