Iceland’s special investigator says 2 investment firm offices are searched in criminal probe

Searches at offices of 2 Iceland investment firms

REYKJAVIK, Iceland — Iceland’s special prosecutor says that the offices of two investment firms are being searched in a criminal investigation related to the collapse of the nation’s banking system.

The special prosecutor’s office said investigators were searching the offices of the investment firms Milestone and Sjova.

Investigators said searches were also under way Tuesday at the homes of Karl Wernersson and Steingrimur Wernersson, the brothers who formerly owned Milestone, and the home of Thor Sigfusson, former director of Sjova.