- Associated Press - Tuesday, September 28, 2010

REYKJAVIK, Iceland (AP) — Iceland‘s former prime minister has become the first world leader to be referred to a special court for possible prosecution on charges that he acted negligently in the lead-up to the country’s financial crisis.

Tuesday’s parliament vote means that former Prime Minister Geir Haarde will appear before a special court for allegedly failing to prevent the financial crash of 2008.

Iceland‘s debt-fueled financial system collapsed at the height of the worldwide financial crisis, sending its currency tumbling and unemployment soaring.

 

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