In breaking news, the web news portal of Morgunbladid, www.mbl.is, just announced that the District Court of Reykjavík dismissed all charges in the case filed against Baugur CEO Jón Ásgeir Jóhannesson and his five colleagues.
The prosecutor, Jón H. Snorrason, head of the National Police’s Economic Crimes Division, said this was “not a blow” and he would appeal the verdict of the District Court to the Supreme Court.