Comment: Fact check: Bankers arrested March 9, 2011

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Fact check: Bankers arrested March 9, 2011

This story seemed to good to be true. Same source everywhere. The only info I found was that this story was originally published in 2011, so I went to the Iceland Review (their newspaper) for confirmation. This is what I found.

March 9, 2011: http://www.icelandreview.com/icelandreview/daily_news/Former...

"Sigurdur Einarsson, former chairman of the defunct Icelandic bank Kaupthing, was arrested in London at 5:30 this morning along with the bank’s biggest customer, Robert Tchenguiz, and five others in a joint operation by the UK Serious Fraud Office (SFO) and the Office of the Special Prosecutor in Iceland."

March 10, 2011: http://www.icelandreview.com/icelandreview/daily_news/Tycoon...
Tycoons and Bankers Released after Questioning

March 11, 2011: http://www.icelandreview.com/icelandreview/search/news/Defau...

"All nine individuals who were arrested in Iceland and London yesterday in a joint operation by the UK Serious Fraud Office (SFO) and Iceland’s Special Prosecutor in relation to their investigation of the affairs of the defunct Icelandic bank Kaupthing were released after questioning last night. Special Prosecutor Ólafur Thór Hauksson told RÚV’s radio program Morgunútvarpid that investigators decided not to demand custody over these people and therefore they were released, ruv.is reports.

He added questioning will continue today but wouldn’t say whether the same people would be questioned as yesterday.

Hauksson assured listeners that all of his office’s investigations would continue to be worked on effectively—in addition to the Kaupthing investigation, affairs connected with Landsbanki were in the spotlight earlier this year and of Glitnir Bank at the end of 2010.

The schedule is for these investigations to be completed by the end of 2014 and that schedule will stand, he stated.

Among those arrested were former chairman of Kaupthing Sigurdur Einarsson, former director of Kaupthing Singer & Friedlander Ármann Thorvaldsson and the British businessmen and brothers Robert and Vincent Tchenguiz."

The Icelandic Modern Media Initiative had an interesting start up according to the same paper. http://www.icelandreview.com/icelandreview/search/news/Defau...

Has to do with Wikileaks and Liz Cheney! Wikileaks exposed the loan books from Kaupthing. Here is the document. http://mirror.wikileaks.info/leak/kaupthing-claims.pdf

It all sounds very interesting, but I think this story is only partially true and somewhat old. It was first posted in 2011, and was somehow revived?