Prison Fear of Iceland Supreme ; in Association with Rensburg Sheppards Walker: My Shares Inquiry Worry

Daily Post › November 21, 2007

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Summary

ICELAND founder Malcolm Walker said he feared he would end up in jail "like Jeffrey Archer" during a Serious Fraud Office investigation into alleged insider share dealing by the tycoon.

Mr Walker left the frozen food retailer under a cloud in January, 2001, amid allegations that he had sold pounds 13.5m of shares in the company just days before a shock profits warning.

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Extract

Prison Fear of Iceland Supreme ; in Association with Rensburg Sheppards Walker: My Shares Inquiry Worry

He sold 4m Iceland shares at 339.5p in December, 2000. He ...

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