Kaupthing Bank - Related Arrests

Related Arrests

On 9 March 2011, Robert Tchenguiz and his brother, Vincent Tchenguiz, were arrested in London by the UK's Serious Fraud Office as part of their ongoing investigation in conjunction with Iceland's Special Prosecutor’s Office into the collapse of Icelandic Bank Kaupthing. However, on 22nd December 2011 the SFO and the Treasury Solicitors Department (TSoI) admitted factual errors in the information used to obtain the warrants against Consensus Business Group and Vincent Tchenguiz; stated that the warrants should be quashed; and that material seized under the warrants would be returned that day. Furthermore, the SFO offered to pay reasonable legal costs.

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