A tax fraud case brought against Jon Asgeir Johannesson, Tryggvi Jonsson, Kristin Johannesdottir, Baugur Group and the Gaumur investment company has hit a snag with the defendants claiming a sort of ‘double jeopardy’.
Jon Asgeir and his fellow accused have called for the case to be dismissed on the grounds that it is not possible to be punished more than once for the same crime. Jon Asgeir believes the current proceedings are closely related to the so-called Baugur Case in which he and others were charged.
The state prosecutor working with the financial crimes department does not agree with this viewpoint and made his opinion known this morning when the case was taken to the Reykjavik District Court. The court subsequently decided to reconvene on 27th April when it will be decided whether the case should be thrown out or if it is eligible to go to trial.
In separate news from DV, it is reported that the resolution committee of Glitnir Bank has claimed ISK 6 billion (USD 46.5 million) personally from Jon Asgeir Johannesson, Palmi Haraldsson and Larus Welding (who was President of Glitnir), as well as three board members of the old bank.