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    News | Iceland Businessman Under Investigation Launches Removal Company
    News

    Iceland Businessman Under Investigation Launches Removal Company

    Iceland ReviewBy Iceland ReviewJune 27, 2026Updated:June 27, 2026No Comments2 Mins Read
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    Police station in downtown Reykjavík.
    Police station in downtown Reykjavík. Photo: Golli. Iceland Review.
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    A property company owned by Vietnamese businessman Quang Lé has launched a removals business while a police investigation into alleged human trafficking linked to his former restaurant operations nears completion.

    The new company, NQ Moving, offers removal services using one or two movers, with the option of a vehicle. The business operates through NQ fasteignir ehf., Quang’s property company, which is now the only active company where he serves as a director or managing executive.

    What’s the Story?

    Original source: RÚV.IS

    • A property company owned by Quang Lé has begun offering removal services under the name NQ Moving.
    • Police say their investigation into alleged human trafficking involving more than 30 suspected victims is expected to be sent to the District Prosecutor in the coming months.
    • NQ fasteignir remains Quang’s only active company after several of his former restaurant businesses entered bankruptcy.
    pedestrian street Laugavegur Reykjavík
    Pedestrian street Laugavegur in the centre of Reykjavík on a busy summer day. Photo: Golli. Iceland Review.

    Investigation Nears End

    According to information published on the company’s website, customers can hire one or two movers together with a Mercedes-Benz Sprinter van. Company records show NQ fasteignir purchased the vehicle at the end of April. Although the website displays photographs of three branded removal vans, only one is currently registered to the company.

    RÚV contacted NQ Moving using the telephone number listed on its website. An employee confirmed that the company operates a removals service but did not say when it began trading. Requests by telephone and email for Quang to comment on the business and its working conditions were not answered.

    The Metropolitan Police have been investigating Quang for more than two years over allegations of human trafficking connected to his former restaurant businesses. Lead investigator Gunnar Axel Davíðsson said earlier this month that the case, involving more than 30 alleged victims, is Iceland’s largest human trafficking investigation to date and is expected to be referred to the District Prosecutor within the next few months.

    The investigation has also led to civil claims by former employees. This week, the labour union Efling announced that the Court of Appeal had awarded a former employee of the bankrupt Vietnam Restaurant nearly ISK 20 million in unpaid wages, describing the ruling as an important precedent for dozens of other workers pursuing similar claims.

    Read more stories covering Icelandic society, politics, business, and culture at Iceland Review News.

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