Ex-PM on trial for his role in crisis

Published on 6 September 2011 at 10:35

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The trial against the former Prime Minister “cannot go ahead" leads Morgunbladid,following the initial hearing before the High Court of Reykjavik, which is to judge Geir Haarde for his responsibility in the financial collapse of Iceland in 2008, while he was in power. After a two-and-a-half hour hearing the Landsdómur, which has been set up to judge ministers and former ministers and which is meeting for the first time in history, adjourned the proceedings. Counsel for the leader of the Independence Party (Conservative), who left office in 2009, asked that the charges against his client be dropped, Morgunbladidexplains. The lawyer holds that Haarde, Iceland's only political leader to appear in court for his role in the financial crisis that brought about the collapse of Iceland’s banking system, is the victim of discriminatory treatment. He also said that the investigation was inadequate and the charges against Haarde too vague.

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