Iceland PM during Icesave crisis to stand trial

Geir Haarde, the former Icelandic Prime Minister, is to go on trial on charges of negligence during the 2008 financial crisis.

Haarde is accused of failing to ensure financial safeguards were in place in the build-up to the failure of three of the country's biggest banks, including Landsbanki. Landsbanki was the parent company of Icesave which failed in 2008 leaving thousands of people in the UK and Netherlands without their savings. A compensation dispute, which saw the UK's then Prime Minister Gordon Brown accuse Haarde of "illegal" behaviour, has yet to be resolved. Haarde rejects the charges.