Sigurdur Einarsson, the former CEO of failed bank Kaupthing, is now aofficial suspect by the fraud prosecutors examining alleged market manipulation.
Sigurdur live now in Chelsea, is the first Head of a major Europian Bank ,to be Investigated as a criminal suspect after the Banking Crash last year.
Sigurdur denies that he has manipulated markets, according to a private letter leaked to the Icelandic press.
Sigurdur purchased a house in London, just before the crash last year , and the price of the house ,according to The Sun , 10,5 million punds
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