Mr Geir H. Haarde,the former Prime minister of Iceland ,was found guilty of one charge of four of negligence and mismanagement during his time in office,before and during the banking crash in 2008.
He will receive no punishment, and the Icelandic state
has been ordered by the court to cover his legal expenses, amounting to
24 million ISK.
Mr. Haarde was not pleased witht the verdict ,and said that he was convicted on a minor matter .