Iceland’s former Prime Minister Geir Haarde has today been convicted of one charge related to the nation’s banking crisis, but cleared of four others.

A former prime minister of Iceland has rejected charges that he failed to adequately protect his country’s economy from financial shocks, as he took the stand in the first criminal trial of a world leader to result from the 2008 financial crisis.

Iceland’s former prime minister has rejected charges he failed to protect his country’s economy from financial shocks as the first world leader to go on criminal trial over the 2008 financial crisis.

A court has dismissed two of six charges against former Icelandic Prime Minister Geir Haarde, who is accused of failing to prevent the 2008 financial crisis in the nation.

Iceland’s former prime minister, Geir Haarde, has demanded that a special court dismiss charges that he was negligent before and during the collapse of the nation’s banks.