Former Icelandic PM Geir Haarde
Media playback is unsupported on your device
Video

Iceland ex-PM Haarde 'partly' guilty over 2008 crisis

Former Icelandic PM Geir Haarde has been found not guilty of negligence over the 2008 financial crisis that saw the island's economy go into meltdown.

A special court in Reykjavik said Mr Haarde would face no punishment and his legal expenses would be paid for.

But he was found guilty of one of the four charges: not holding cabinet meetings when things turned critical.

The BBC's Nigel Cassidy reports.

  • 23 Apr 2012