Former Icelandic PM Geir Haarde
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Iceland ex-PM Haarde 'partly' guilty over 2008 crisis

23 April 2012 Last updated at 20:38 BST

Former Icelandic PM Geir Haarde has been found not guilty of negligence over the 2008 financial crisis that saw the island's economy go into meltdown.

A special court in Reykjavik said Mr Haarde would face no punishment and his legal expenses would be paid for.

But he was found guilty of one of the four charges: not holding cabinet meetings when things turned critical.

The BBC's Nigel Cassidy reports.