In the printed version of Iceland Review (02-15) a serious error was made in Eiríkur Bergmann Einarsson’s article 'Locking up the Banksters.' The following statement is false: “In a controversial move, Iceland’s former Prime Minister Geir H. Haarde was sentenced to suspended imprisonment for not placing the risk of a banking crisis on the agenda of formal cabinet meetings.”
Out of six original charges Mr. Haarde only received a sentence, without punishment, for the least serious charge of not holding formal cabinet meetings on the risk of a banking crisis. He was acquitted of all of the more serious charges against him and was not sentenced to any punishment. The state was ordered to pay Mr. Haarde’s legal costs.
On behalf of Heimur hf., Iceland Review’s publisher, I apologize to Mr. Haarde for the error which we sincerely regret and hope that the damage to his good name will be minimal. The writer has sent a personal apology to Mr. Haarde as well.
Personally, I know Mr. Haarde is a man of high integrity, and both I and the editorial staff are deeply sorry that this error was made.
Benedikt Jóhannesson, publisher of Iceland Review.