An female employee who’s been with Kaupthing’s asset management division for years, probably in the private banking division, was let go and her case is now with the police. She is accused of having stolen tens if not hundreds of millions ISK from her customers, something which was not discovered until the bank went bust.
The affair is wholly unpleasant in Iceland’s small society as her name has not been released, and there were not many female private bankers who worked for years in Kaupthing. So the few women are all under suspicion right now, unless those not guilty start posting “not guilty” status’ on their Facebook profiles.
Meanwhile the big fish are still swimming around, starting up new ventures with the government’s permit.
Update: DV has named the woman, Anna Heiddal who claims the story is not true. She says she was let go because she was lending money to relatives and individuals connected to her, but the news came out as if she had been stealing the money.
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andy KJ
2 years ago
nice to see good banking control environement. She was only doing what the executive were doing…lending to friends.
Robert Caulfield
2 years ago
With the police is she? In what capacity?