This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM+Cover+small+181214

Three Luxembourg businesses searched in SFO Kaupthing investigation

  • Print
  • Comment

The Luxembourg police have searched three business premises and two residential premises on the back of the Serious Fraud Office Kaupthing investigation.

The search warrants come after overseas assistance requests were made by the SFO and the Icelandic Special Prosecutor’s Office.

The operation relates to the SFO’s ongoing investigation into the circumstances surrounding the collapse of the Kaupthing Banking Group and related investigations by the Icelandic Special Prosecutor.

The operation has involved over 70 investigators from the SFO, Icelandic Special Prosecutor and Luxembourg Police.

Nine men were arrested in London and Reykjavik earlier this month in relation to the Serious Fraud Office’s ongoing investigation surrounding the collapse of the Kaupthing banking Group. High profile entrepreneurs Vincent and Robert Tchenguiz are among those who have been arrested as part of an investigation into the failed Icelandic investment bank.

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

The Money Marketing CPD Centre
Build your annual CPD - you can log and plan your CPD hours for free with The Money Marketing CPD Centre.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

AXA Wealth


Fund Data

Editor's Pick



Poll

Will providers be forced to pay out compensation over annuity misselling?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments