Jailed Icelandic banker among helicopter crash passengers

Photo: Iceland Monitor/Árni Sæberg

One of the two Icelandic passengers on board the helicopter which crashed near the Icelandic volcano Hengill yesterday was disgraced Icelandic banker, Ólafur Ólafsson.

Three foreign nationals were among the five passengers on board.

All five were helicoptered to hospital following the incident. Some had suffered broken bones, but none are considered to have sustained life-threatening injuries.

Ólafur Ólafsson served just one year of a 4-and-a-half year ...

Ólafur Ólafsson served just one year of a 4-and-a-half year sentence. Photo: Iceland Monitor/Þórður

MORE: Release of jailed bankers: Ólafsson returns to his office

Ólafsson was one of four men jailed in 2015 in the so-called ‘Al-Thani case’ on charges of breach of trust and market abuse.

He is an investor and majority owner shipping company Samskip, and is the owner of the crashed helicopter. He is believed to have sustained back and neck injuries.

MORE: One injured in Iceland helicopter incident

Photo: Iceland Monitor/Árni Sæberg

Exchange rates

USD USD 107.23 EUR EUR 124.40
GBP GBP 139.34 DKK DKK 16.69
NOK NOK 12.99 SEK SEK 12.00
CHF CHF 107.00 JPY JPY 0.95
ISK price of selected currencies, according to the official exchange rate of the Central Bank of Iceland. Updated daily.

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Exchange rates

USD USD 107.23 EUR EUR 124.40
GBP GBP 139.34 DKK DKK 16.69
NOK NOK 12.99 SEK SEK 12.00
CHF CHF 107.00 JPY JPY 0.95
ISK price of selected currencies, according to the official exchange rate of the Central Bank of Iceland. Updated daily.