Iceland’s former Prime Minister Geir Haarde, the first political leader to face criminal charges in connection with the 2008 financial crisis, goes on trial Monday over his role in the small island-nation's banking collapse.
Former Iceland Prime Minister Geir Haarde could on Monday become the first world leader sent to prison in connection with the financial crisis of 2008, as a verdict is due in his trial for negligence and mismanagement.
A former prime minister of Iceland was found guilty of one charge related to the nation's banking crisis but cleared him of four other charges. Geir Haarde was the first government leader anywhere to face criminal prosecution because of the global banking crisis.
By GUDJON HELGASON and PAISLEY DODDS
REYKJAVIK, Iceland (AP) -- Iceland's former Prime Minister Geir Haarde has been referred to a special court in a move that could make him the first world leader to be charged in connection with the global financial crisis....