Iceland PM sold bank assets hours before financial crash, leaks show

The current Iceland’s PM sold almost all his remaining assets in a major Icelandic bank’s investment fund on the day the government seized control of the country’s collapsing financial sector at the peak of the 2008 crash.

According to leaked documents, B. Benediktsson, then an MP on the parliament’s economy and tax committee, sold millions króna of assets in the Glitnir bank’s fund in the final days & hours before an emergency law placed Iceland’s failed financial institutions under state control. Read more HERE.