Iceland jails four Kaupthing bankers

Iceland jails former Kaupthing bank bosses

Four former bosses from the Icelandic bank Kaupthing have been sentenced to between four and five and a half years in prison. The Supreme Court of Iceland came to this conclusion today. The four were sentenced to between three and five and a half years in prison in Reykjavik’s district court. The verdict was appealed to the Supreme Court.