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More fraud charges levelled at Baugur

Icelandic authorities have brought 19 new charges against Baugur chief executive Jon Asgeir Johannesson and others. A Baugur spokesman said: “Baugur is incredibly disappointed that they… View Article

GENERAL MERCHANDISE NEWS

More fraud charges levelled at Baugur

Icelandic authorities have brought 19 new charges against Baugur chief executive Jon Asgeir Johannesson and others.

A Baugur spokesman said: “Baugur is incredibly disappointed that they have chosen to represent the same charges that have already been dismissed.” Mr Johannesson added: “The defendants have had to suffer a four-year investigation that has not produced any results.”

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