Iceland indicted the former chief executive officer of failed lender Glitnir Bank hf, Bjarni Armannsson, for tax evasion.
Armannsson failed to declare capital-gains income, interest income and the proceeds of dividends, or 199 million kronur ($1.6 million) for the 2006 to 2008 tax years, Iceland’s Special Prosecutor’s Office said in the Dec. 17 indictment, according to documents released by the office today.