Ólafur Þór Hauksson

Ólafur Þór Hauksson (Olafur Thor Hauksson) (born March 10, 1964 ) is the special prosecutor for financial crimes in Iceland. This position was created after the 2007 financial crisis that brought Iceland to the brink of insolvency. Hauksson was previously a police commissioner in Akranes .

In 2012, Hauksson's team consisted of over 100 employees. Your job is to investigate any suspicion of fraud before 2009 and, on the other hand, to initiate proceedings against alleged perpetrators yourself. This procedure allows cases to be followed up on a long-term basis. In addition, the government has changed the banking secrecy laws so that prosecutors can easily get all the information they need.

Those affected by the investigations are mostly responsible for the banking sector or members of the supervisory board.

Hauksson investigated and is investigating over 100 individual cases, including against the former CEO of Kaupthing and the Tchenguiz brothers. In 2011, the court followed Hauksson's proposed sentence of two years' imprisonment without parole and a fine of 1.3 million euros against one of the highest-ranking former employees of the Ministry of Economic Affairs. Two top managers at the Nak Byr at the time received four-year prison sentences. Baldur Gudlaugsson, a former State Secretary in the Treasury, received two years without parole for insider trading. The former supervisory board chairman of Kaupthing Bank had to repay the equivalent of 3.2 million euros to the bank and his assets were frozen.

Web links

• Articles on IceNews (English)
• Huffington Post (English)

Individual evidence

1. ↑ ^{a b c d} How Iceland chases its banksters - Presseurop , accessed July 25, 2012
2. ↑ The Rogue Hunter of Iceland - faz.de , accessed on July 25, 2012

Note: Icelanders are referred to by their first name or first and last name, but not just their surname. Further information can be found under Icelandic personal name .