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Ex-Iceland PM guilty on one charge over banking collapse

A special Icelandic court on Monday found former prime minister Geir Haarde guilty on one of four charges over the collapse of the country's banks in 2008.

Iceland's former Prime Minister Geir Haarde has been found by a special Icelandic court guilty on one of four charges over the collapse of the country's banks in 2008.

"Geir Haarde will not be punished," Markus Sigurbjornsson, the head of the never-before-used special court Landsdomur, said, adding that Haarde had been found guilty of not meeting with his cabinet ministers when the issue turned critical.

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