Robert (L) and Vincent (R) Tchenguiz
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Robert and Vincent Tchenguiz arrested in Iceland probe

Property tycoons Robert and Vincent Tchenguiz have been arrested as part of an investigation into the collapse of Icelandic bank Kaupthing.

Their offices in central London were raided this morning as part of an operation in which seven other men in the UK and Iceland were also arrested.

The brothers said in a statement that they were "co-operating fully" and were confident they would be cleared.

The BBC's Business Editor Robert Peston reports.

  • 09 Mar 2011
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