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Iceland Glitnir Bank investors sued for siphoning $2 billion

Seven Giltnir Bank investors and officials, including Jon Asgeir Johannesson, are being sued for conspiring to snatch control of USD 2 billion to benefit their own “failing companies,” Reuters reports....

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Jon Asgeir Johannesson resigns as director of UK retailer House of Fraser

The accused Glitnir bank fraudster, Jon Asgeir Johannesson has resigned as the director of the UK high street fashion retailer House of Fraser due to the USD 2 billion lawsuit against him, Financial...

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Malcolm Walker: Iceland Foods had money, not Jon Asgeir

IceNews has received copies of bank statements from six banks which appear to prove that GBP 202 million which Glitnir Bank believes was in the possession of Jon Asgeir Johannesson, was actually always...

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