Thursday, July 31, 2014

British Fraud Office Reaches Second Settlement in Inquiry Over Icelandic Bank by CHAD BRAY



By CHAD BRAY


The Serious Fraud Office will pay 1.5 million pounds, or about $2.5 million, to settle civil claims by Robert Tchenguiz and his company, R20, following a flawed investigation into the collapse of the Icelandic bank Kaupthing. The prosecutor agreed to pay £3 million to Mr. Tchenguiz’s brother Vincent last week.


Published: July 31, 2014 at 4:00AM


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